Question

How much money will be required to buy 250, Rs 15 shares at a discount of Rs 1.50 ?

Answer 1

Number of Shares(n) = 250

Nominal Value of One Share (N.V.) = Rs 15

Market Value of One Share(M.V.) = N.V. of One Share - discount
= 15 - 1.50
= Rs. 13.50

Sum Invested(Money Required) = Number of Shares $\times$ M.V. of 1 Share
= 250 $\times$ 13.50
= Rs. 3,375