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Calculate the Investment Required to Buy: - Mathematics

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प्रश्न

Calculate the investment required to buy:

220 shares of Rs 75 each at a premium of 15%.

योग

उत्तर

220 shares of Rs 7 5 each at a premium of 15 %. 

No. Of shares to be purchased = 220

Rs 75 shares at a premium of 15 % = Rs (75+15% of Rs 75) = Rs (75+11.25) =Rs 86.25 

Therefore, money required to purchase 220 shares

=Rs 86.25 x 220 =Rs 18,975. 

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अध्याय 4: Shares and Dividends - Exercise 4.1 [पृष्ठ ६०]

APPEARS IN

फ्रैंक Mathematics - Part 2 [English] Class 10 ICSE
अध्याय 4 Shares and Dividends
Exercise 4.1 | Q 1.07 | पृष्ठ ६०

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  3. If he wants to increase his annual income by Rs. 150, how many extra shares should he buy?

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