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Smita invested Rupees 12,000 to purchase...

Smita invested Rupees 12,000 to purchase shares of FV Rupess 10at a premium of Rupees 2. Find the number of shares she purchased. Completed the given activity to get the answer

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The correct Answer is:
MV=FV+Premium=10+2=12
`Number of shares = (total investment )/(NV)=(12000)/(12)=1000 shares`
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