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Asim invested Rupees 13,750 to buy share...

Asim invested Rupees 13,750 to buy shares of FV Rupees 100 at a premium of Rupees 25. How many shares did he buy ?

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To find out how many shares Asim bought, we need to follow these steps: ### Step 1: Determine the Market Value of One Share The market value of one share is calculated by adding the face value of the share to the premium. - **Face Value of One Share = Rs. 100** - **Premium of One Share = Rs. 25** **Market Value of One Share = Face Value + Premium** \[ \text{Market Value} = 100 + 25 = Rs. 125 \] ### Step 2: Calculate the Total Investment Asim's total investment is given as Rs. 13,750. ### Step 3: Calculate the Number of Shares Bought To find the number of shares, we divide the total investment by the market value of one share. **Number of Shares = Total Investment / Market Value of One Share** \[ \text{Number of Shares} = \frac{13750}{125} \] ### Step 4: Perform the Calculation Now, we perform the division: \[ \text{Number of Shares} = 110 \] ### Conclusion Asim bought **110 shares**. ---
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