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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

A person brought 100 shares of 9% stock of face value ₹ 100 at a discount of 10%, then the stock purchased is ____________. - Business Mathematics and Statistics

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Question

A person brought 100 shares of 9% stock of face value ₹ 100 at a discount of 10%, then the stock purchased is ____________.

Options

  • ₹ 9000

  • ₹ 6000

  • ₹ 5000

  • ₹ 4000

MCQ
Fill in the Blanks

Solution

A person brought 100 shares of 9% stock of face value ₹ 100 at a discount of 10%, then the stock purchased is ₹ 9000

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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 7 | Page 172

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