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Find the market value of 200 shares worth Rs. 120, each bought at a discount of Rs. 20 . (in Rs.)A. 28000B. 24000C. 26000D. 20000 |
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Answer» Correct Answer - D The number of shares `=200` Face value (FV) of each share `= Rs. 120` Discount on each share `= Rs. 20` Market value of each share `=FV-` Discount = Rs. 120- Rs. 20 = Rs. 100 `:.` Market value of 200 shares (in Rs.)`=200xx100= Rs. 20,000`. |
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