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Question

Mrunal purchased shares as follows-
Company A: 200 shares, FV=Rs. 10, MV=Rs. 25
Company B: 1250 shares, FV=Rs. 100, MV=Rs. 80
How much amount did she spend?

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Solution

F.V of shares of company A =Rs.10
No. of shares of company A=Rs.200
Amount spend is company A=Rs.200×10
=Rs.2000
F.V of shares of company B=Rs.100
No. of shares of company B=Rs.1250
Amount spend in company A=Rs.1250×100
=Rs.125000
Total money spent Rs.(125000+2000)
=Rs.127000

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