If the market value is above the face value, then the shares are
If Market Value (MV) ___ Face Value (FV) then the share is at discount.
Radhika invested Rs 5320 in 8% shares (Rs 100) at 5% below par and when the price quoted was at 5% above par she sold the shares and reinvested the proceeds in 11% share of Rs 10. Her income increased by Rs 42. Find the market value of Rs 10 shares.
The Face Value (FV) of a share is ₹150 while its Market Value (MV) is ₹200. If 100 shares are purchased by a person, find the sum he invested in the shares.