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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

A man purchases a stock of ₹ 20,000 of face value ₹ 100 at a premium of 20%, then investment is ___________. - Business Mathematics and Statistics

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Question

A man purchases a stock of ₹ 20,000 of face value ₹ 100 at a premium of 20%, then investment is ___________.

Options

  • ₹ 20,000

  • ₹ 25,000

  • ₹ 24,000

  • ₹ 30,000

MCQ
Fill in the Blanks

Solution

A man purchases a stock of ₹ 20,000 of face value ₹ 100 at a premium of 20%, then investment is ₹ 24,000.

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Stocks, Shares, Debentures and Brokerage
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Chapter 7: Financial Mathematics - Exercise 7.3 [Page 172]

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Samacheer Kalvi Business Mathematics and Statistics [English] Class 11 TN Board
Chapter 7 Financial Mathematics
Exercise 7.3 | Q 3 | Page 172
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