Question

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.

• A. $\text{Rs.}10000$
• B. $\text{Rs.}15000$
• C. $\text{Rs.}20000$
• D. $\text{Rs.}25000$

Answer 1

The correct option is C

$\text{Rs.}20000$

As we know,

Sum invested $=$ Number of shares $\times$ MV

$\Rightarrow$ Sum invested $=100\times 200$ = ₹$20000$