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Question

A man wants to buy 124 shares available at Rs 66 (N.V. =Rs 50).
How much should he invest

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Solution

No. of shares (n)=124

Nominal value (N.V.)=Rs.50

Market value (M.V.)=Rs.66

Investment =M.V.×n

=66×124=Rs.8184

Hence he should invest Rs.8184.

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