Find the nominal value in the statement:
$350$ shares with costing $R s . 30$ share each at a premium of $R s . 7$ .

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Solution

The correct option is C 30
The original value of a share is called ts nominal value.
Nominal value = Rs. 30

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Find the nominal value in the statement: 350 shares with costing Rs. 30 share each at a premium of Rs. 7.

The correct option is C 30The original value of a share is called ts nominal value.Nominal value = Rs. 30

Find the nominal value in the statement:
$350$ shares with costing $R s . 30$ share each at a premium of $R s . 7$ .

The correct option is C 30
The original value of a share is called ts nominal value.
Nominal value = Rs. 30