The money required to buy 50 of ₹ 40 shares at a discount of ₹ 10 will be

₹ 1000

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₹ 2500

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₹ 1500

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₹ 2000

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Solution

The correct option is C
₹ 1500

Money required to buy 1 share

= ₹ 40 - ₹ 10 = ₹ 30

Money required to buy 50 share

= 50 $\times$ 30

= ₹ 1500

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