Calculate the investment required to buy:(g) $120$ shares of Rs $75$ each at a premium of $15%$.(h) $240$ shares of Rs $125$ each at a discount of $20%$. - Noon Academy

Calculate the investment required to buy:(g) $120$ shares of Rs $75$ each at a premium of $15%$ .(h) $240$ shares of Rs $125$ each at a discount of $20%$ .

Class 10 | Frank | ICSE | Maths | Shares and Dividends

Calculate the investment required to buy:(g) $120$ shares of Rs $75$ each at a premium of $15%$ .(h) $240$ shares of Rs $125$ each at a discount of $20%$ .

Solution:-

From the question it is given that,

The number of shares $120$

Then, shares of ₹ $75$ each at a premium of $15%$ = $(75 + 15% of ₹ 75)$

= $75 + ((15/100) × 75)$

= $75 + 11.25$

= ₹ $86.25$

So, the investment required to buy $220$ shares $= 86.25 × 120$

= ₹ $10,350$

Solution:-

From the question it is given that,

The number of shares $240$

Then, shares of ₹ $125$ each at a discount of $20% = (125 - 20% of ₹ 125)$

$= 125 - ((20/100) × 125)$

$= 125 - 25$

= ₹ $100$

So, the investment required to buy $220$ shares $= 240 × 100$

= ₹ $24,000$

i

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