If Shahrukh wants to buy 110 shares of Reliance Industries Limited, whose market value is ₹11, then the money he needs is

₹ 10

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₹ 1100

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₹ 1210

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Solution

The correct option is C ₹ 1210
Given that,
Shahrukh wants to buy 110 shares of market value ₹ 11.
Total money required = (No of Shares) $\times$ (market value)

$\Rightarrow$ Total money required = 110 $\times$ 11
= ₹ 1210

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Similar questions

Shahrukh has to buy 100 shares of Reliance Industries Limited, whose market value is ₹11. What is the total amount of money invested by Shahrukh?

A man buys ₹ 20 shares paying $9 %$ dividend. The man wants to have an interest of $12 %$ on his money. The market value of each share is:

A man buys Rs. 20 shares paying $9 %$ dividend. The man wants to have an interest of $12 %$ on his money. The market value of each share is:

200

10 %

8 %

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