ICSE Class X Math 2013 Solved Paper

Salman buys 50 shares of face value $₹ 100$ available at ₹ 132 .

Question : 22 of 46

Marks: +1, -0

What is his investment?

Solution:

\;\;\text " Number of shares "\;=50

\;\;\text " Face value of each share "\;=₹ 100

\text " Market value of each share "\;=₹ 132

\;\;\text " Total face value "\;=₹ 100 × 50

\;\; =\₹ 5,000

\;\text " Total investment "\;\;=\;\text " M.V. "\; × \;\text " no. of shares "\;

\;=₹ 132 × 50

\;=₹ 6,600

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