12500 shares, of par value $ 20 each, are purchased from Ram by Mohan – McqOptions

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1.	12500 shares, of par value $ 20 each, are purchased from Ram by Mohan at a price of $ 25 each. Find out the amount required to purchase the shares. If Mohan further sells the shares at a premium of $ 11 each, then find out his gain in the transaction.
A.	$ 75000
B.	$ 85000
C.	$ 70000
D.	$ 65000
Answer» B. $ 85000

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