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A man bought 1605) shares for 360. At whatprice did the shares stand? At what premium ordiscount were they quoted? |
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Answer» Step-by-step explanation: a man bought 160(₹5)shares for₹360 .At what price did the shares stand?at what premium or discount were they quoted? Share bought = 160 Share Price = Rs 5 160 Share purchased in Rs 360 Amount paid for 1 share = 360/160 = Rs 2.25 Share stand at Price of Rs 2.25 Quoted Price of share = Rs 2.25 Discount offered Per share = 5 - 2.25 = Rs 2.75 Discount offered in % = (2.75/5) * 100 = 55 % 55% is the correct answer 55 % 😎😎😎😎😎😎😎😃😎😎😎😎😋😋😋😃😎😋😃 for the que 55% will be the ans 55% the correct answer of the given question share bought=160; share price=Rs. 5. 360/160=2.25. 2.25x100=55°\• |
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