POU OUSmita has invested12,000 to purchase shares of FV10 ata premium – InterviewSolution

1.

POU OUSmita has invested12,000 to purchase shares of FV10 ata premium of 72. Find the number of shares she purchasedComplete the given activity to get the answer.

Answer»

GivenFV of share = Rs 10Amount invested = Rs 12000MV of share = 10 + 2= 12

Number of shares bought = 12000/12= 1000

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