Home
Class 10
MATHS
Find the market value of 200 shares wort...

Find the market value of 200 shares worth Rs. 120, each bought at a discount of Rs. 20 . (in Rs.)

A

28000

B

24000

C

26000

D

20000

Text Solution

Verified by Experts

The correct Answer is:
D
The number of shares `=200`
Face value (FV) of each share `= Rs. 120`
Discount on each share `= Rs. 20`
Market value of each share `=FV-` Discount
= Rs. 120- Rs. 20
= Rs. 100
`:.` Market value of 200 shares (in Rs.)`=200xx100= Rs. 20,000`.
Promotional Banner

Topper's Solved these Questions

  • SHARES AND DIVIDENDS

    PEARSON IIT JEE FOUNDATION|Exercise Level 3|15 Videos

  • SHARES AND DIVIDENDS

    PEARSON IIT JEE FOUNDATION|Exercise Level 1|10 Videos

  • REMAINDER AND FACTOR THEOREMS

    PEARSON IIT JEE FOUNDATION|Exercise Level 3|10 Videos

  • STATISTICS

    PEARSON IIT JEE FOUNDATION|Exercise Level 3|14 Videos

Similar Questions

Explore conceptually related problems

What is the market value of a share with face value Rs 10 at a discount of Rs 2?

Find the market value of a Rs.300 share bought at a discount of Rs.60.

Find the market value of Rs. 200 share bought at a premium of Rs. 50.

Find the market value of 300, Rs. 150 shares brought at a premium of Rs. 30.

The market value of x , Rs. 50 shares, at a discount of Rs. 10 is Rs. 4000, then x= _________.

Find the cost of 96 shares of Rs 10 each at 3/4 discount: brokerage being 1/4 per share

Shares worth Rs.300 each were bought at a discount of Rs.60. The dividend paid was 6% per annum. Find the rate return.

Rakesh invested Rs.27,000 in Rs.27 shares of a company which pays a dividend of 10% . Find the market value of each share if he derives an annual income of Rs.540 from this investment, also find the number of shares he bought.

C Ltd. forfeited 300 shares of Rs. 10 each issued at 20% premium (to be paid at the time of allotment) for non-payment of allotment money of Rs. 4 per share (including premium), first call of Rs. 3 per share and final call of Rs. 2 per share. Out of these, 200 shares were re-issued as fully paid-up at a discount of Rs. 3 per share. Journalise.