1.

Shares worth Rs. 150 each were bought at Rs. 180. Which of the following is necessarily true ?A. Each share was bought at Rs. 30 discount.B. Each share was bought at Rs. 30 premium.C. Each share was bought at 30% discount.D. Each share was bought at 30% premium.

Answer» Correct Answer - B
`FV=` Rs. `150`
`MV=` Rs. `180`
Premium `=MV-FV=` Rs. `30` is true.


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