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Question
Smita has invested Rs. 12,000 to purchase shares of FV Rs.10 at a premium of Rs.2. Find the number of shares she purchased. Complete the given activity to get the answer.
Activity: FV = Rs. 10, Premium = Rs. 2
∴ MV = FV + 
= 
+ 2 = 12
∴ No. of .shares = `"Total investment"/"MV" = square/12 = square "shares"`
Solution
Activity: FV = Rs. 10, Premium = Rs. 2
∴ MV = FV + 2 = 10 + 2 = 12
∴ No. of .shares = `"Total investment"/"MV" = bb12000/12 = bb1000 "shares"`
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