Joseph purchased following shares, Find his total investment. Company

1.	Joseph purchased following shares, Find his total investment. Company A : 200 shares, FV = Rs. 2, Premium = Rs. 18. Company B : 45 shares, MV = Rs. 500Company C : 1 share, MV = Rs. 10,540
Answer» For company A: FV = Rs. 2, premium = Rs.18, Number of shares = 200 ∴ MV = FV+ Premium = 2 + 18 = Rs.20 Sum invested = Number of shares × MV = 200 × 20 = Rs.14000 For company B: MV = Rs.500, Number of shares = 45 Sum invested = Number of shares × MV = 45 × 500 = Rs.22,500 For company C: MV = Rs. 10,540, Number of shares = 1 x 10540 ∴ Sum invested = Number of shares × MV = 1 × 10540 = Rs. 10,540 ∴ Total investment of Joseph = Investment for company A + Investment for company B + Investment for company C = 4000 + 22,500 + 10,540 = Rs. 37040 ∴ Total investment done by Joseph is Rs. 37,040.

Joseph purchased following shares, Find his total investment. Company A : 200 shares, FV = Rs. 2, Premium = Rs. 18. Company B : 45 shares, MV = Rs. 500Company C : 1 share, MV = Rs. 10,540

Answer»

For company A:

FV = Rs. 2, premium = Rs.18,

Number of shares = 200

∴ MV = FV+ Premium

= 2 + 18

= Rs.20

Sum invested = Number of shares × MV

= 200 × 20

= Rs.14000

For company B:

MV = Rs.500, Number of shares = 45

Sum invested = Number of shares × MV

= 45 × 500

= Rs.22,500

For company C:

MV = Rs. 10,540, Number of shares

= 1 x 10540

∴ Sum invested = Number of shares × MV

= 1 × 10540

= Rs. 10,540

∴ Total investment of Joseph = Investment for company A + Investment for company B + Investment for company C

= 4000 + 22,500 + 10,540

= Rs. 37040

∴ Total investment done by Joseph is Rs. 37,040.

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