The money required to buy 100, ₹ 15 shares at a premium of ₹ 5 is _________

₹ 1000

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₹ 1800

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₹ 2000

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₹ 1500

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Solution

The correct option is C
₹ 2000

Money required to buy 1 share = ₹ 15 + ₹ 5

= ₹ 20

Money require to buy 100 share = 20 $\times$ 100

= ₹ 2000

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