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How much money will be required to buy 250 Rs. 15 shares at a discount of Rs. 1.50? |
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Answer» Answer: Rs 3375 Step-by-step explanation: No of shares to be bought =250 Rs15 shares at a DISCOUNT of Rs1.5 means the Nominal value of the share is Rs 15 And its MARKET value =Rs15-Rs1.5 = Rs13.50 Therefore,Money REQUIRED to by 1 share =Rs13.50 > Money required to by 250 Shares = 250*13.50 =Rs 3375 ( Ans)
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