A share at 10 % premium than what is it,s market price – InterviewSolution

1.

A share at 10 % premium than what is it,s market price

Answer»

Answer:

let the FACE VALUE of SHARE bhe Rs.x

share is at premium

market price=x + (x × 10/100)

=x + (x/10)

=(10x + x)/10

=11x/10

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