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ICSE Class 10 Answered

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Asked by nilesh.dhote74 | 11 Apr, 2020, 09:54: PM
Expert Answer
begin mathsize 14px style FV equals 100 rs
straight D equals 15 percent sign
MV equals FV plus premium equals 100 plus 60 over 100 cross times 100 equals 160
straight D equals 15 over 100 cross times 100 cross times straight x equals 15 straight x
Sale space of space shares equals 160 straight x.... investment space for space next space buy
FV equals 50
MV equals FV minus Discount equals 50 minus 4 over 100 cross times 50 equals 48
no. space of space shares equals fraction numerator 160 straight x over denominator 48 end fraction
straight D equals 18 percent sign
straight D equals 18 over 100 cross times 50 cross times fraction numerator 160 straight x over denominator 48 end fraction equals 30 straight x
Difference space in space income equals 30 straight x minus 15 straight x equals 900
15 straight x equals 900
straight x equals 60 space shares end style
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