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Question

If Ram buys 200 shares of MV ₹150 and Jibin buys 350 shares of MV ₹120 each, then what is the total sum invested by both of them?

A
₹66000
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B
₹75600
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C
₹72000
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D
₹54000
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Solution

The correct option is C ₹72000
Sum invested by Ram = Number of shares × MV = 200 × 150 = ₹30000
Sum invested by Jibin = Number of shares × MV = 350 × 120 = ₹42000
Total Sum invested by both of them = ₹30000 + ₹42000 = ₹72000

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