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