Question

A company collected $₹66,22,875$from its shareholders if the value of each share is$₹145$, what is the total number of shares issued by the company?

Answer 1

Finding total number of shares issued by the company

Value of total shares issued by company $=$ $₹66,22,875$

Value of each share $=$ $₹145$

Total no. of shares issued by the company $=$ Value of total shares issued by company$÷$ Value of each share

$$\begin{gathered} =₹66,22,875÷₹145 \\ =\frac{₹66,22,87}{145} \\ =₹45,765 \end{gathered}$$

Hence, the total no. of shares issued by the company is $₹45,765$