When the sum invested is ₹45000 and the MV of each share is ₹125, find the number of shares bought.

380

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360

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320

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450

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Solution

The correct option is B 360
Sum invested = Number of shares $\times$ MV
$∴$ Number of Shares = $\frac{S u m I n v e s t e d}{M V}$
= $\frac{45000}{125}$
= 360

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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.

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When the sum invested is ₹45000 and the MV of each share is ₹125, find the number of shares bought.

The correct option is B 360Sum invested = Number of shares × MV ∴ Number of Shares = Sum InvestedMV = 45000125 = 360

The correct option is B 360
Sum invested = Number of shares $\times$ MV
$∴$ Number of Shares = $\frac{S u m I n v e s t e d}{M V}$
= $\frac{45000}{125}$
= 360