Test Index

ICSE Class X Math 2013 Paper

Show Para  Hide Para 
Salman buys 50 shares of face value ₹100₹ 100 available at ₹ 132 .
© examsnet.com
Question : 22 of 46
Marks: +1, -0
What is his investment?
Solution:  
 Number of shares =50\text{ Number of shares } = 50
 Face value of each share =₹100\text{ Face value of each share } = \text{₹} 100
 Market value of each share =₹132\text{ Market value of each share } = \text{₹} 132
 Total face value =₹100×50\text{ Total face value } = \text{₹} 100 \times 50 =₹5,000= \text{₹} 5,000
 Total investment = M.V. × no. of shares \text{ Total investment } = \text{ M.V. } \times \text{ no. of shares }
=₹132×50= \text{₹} 132 \times 50
=₹6,600= \text{₹} 6,600
© examsnet.com
Go to Question:
Prev Question
Next Question