A man invests a certain sum on buying 15% Rs.100 shares at 20% premium. Find : Sum invested - Noon Academy

A man invests a certain sum on buying 15% Rs.100 shares at 20% premium. Find : Sum invested

Class 10 | Exercise 3C | ICSE | Maths | Selina | Shares and Dividend In Two Variables

A man invests a certain sum on buying 15% Rs.100 shares at 20% premium. Find : Sum invested

Considering that the man purchased portions of

$Rs\text{ }100\text{ }at\text{ }20%$

exceptional, the market worth of one offer

$\begin{array}{*{35}{l}} =\text{ }Rs\text{ }\left( 1\text{ }+\text{ }20/100 \right)\text{ }x\text{ }100 \\ =\text{ }Rs\text{ }\left( 120/100\text{ }x\text{ }100 \right) \\ =\text{ }Rs\text{ }120 \\ His\text{ }all\text{ }out\text{ }speculation\text{ }=\text{ }number\text{ }of\text{ }offers\text{ }x\text{ }market\text{ }worth\text{ }of\text{ }one\text{ }offer \\ =\text{ }432\text{ }x\text{ }Rs\text{ }120 \\ =\text{ }Rs\text{ }51,\text{ }840 \\ \end{array}$

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