Q. 44.6( 25 Votes )

Smt. Deshpande pu

Answer :

We know that if MV > FV, then the share is at premium.


MV = FV + Premium


MV = 5 + 20


= Rs. 25


We know that investment = number of shares × MV


Given, investment = Rs. 20, 000


Number of shares =


Number of shares =


= 800


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
caricature
view all courses
RELATED QUESTIONS :

A company provideMHB - Mathematics Part-1

If the face valueMHB - Mathematics Part-1

Smt. Malhotra purMHB - Mathematics Part-1

Amol purchased 50MHB - Mathematics Part-1

Joseph purchased MHB - Mathematics Part-1

Smt. Deshpande puMHB - Mathematics Part-1

Complete the follMHB - Mathematics Part-1

Shri Shantilal haMHB - Mathematics Part-1

A dealer suppliedMHB - Mathematics Part-1