Question

If the number of shares of Tata sold is 12 more than that of GMR at the end of August 2007, then the selling prices of shares of Tata and GMR could have been:

• A. Rs. 25, Rs.40
• B. Rs. 15, Rs.25
• C. Rs 30, Rs 25
• D. Cannot be determined.

Answer 1

The correct option is D Cannot be determined.

The selling price of the Shares is asked, as information about number of shares and profit% is given, we cannot determine the selling price of the shares.