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Arushi buys R...

Question

Arushi buys Rs. $100$ shares at Rs. $20$ premium company paying $15$ $%$ dividend . Find the market value of $200$ shares.

Rs.

21, 000

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Rs.

20, 000

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Rs.

24, 000

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None of the above

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Solution

The correct option is B Rs. $24, 000$
Given the market value the share of Rs. $100$ at $20 %$ premium.
Then the market price of share $=$ $100 + 20 =$ Rs. $120$
Arushi perched $200$ share for Rs. $120 \times 200 = 24000$

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Arushi buys Rs. 100 shares at Rs. 20 premium company paying 15 % dividend . Find the market value of 200 shares.

The correct option is B Rs. 24,000Given the market value the share of Rs. 100 at 20% premium.Then the market price of share = 100+20= Rs. 120Arushi perched 200 share for Rs. 120×200=24000

Arushi buys Rs. $100$ shares at Rs. $20$ premium company paying $15$ $%$ dividend . Find the market value of $200$ shares.

The correct option is B Rs. $24, 000$
Given the market value the share of Rs. $100$ at $20 %$ premium.
Then the market price of share $=$ $100 + 20 =$ Rs. $120$
Arushi perched $200$ share for Rs. $120 \times 200 = 24000$