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Kunti Mandal
Asked: 2022-11-07T15:55:17+05:30 In:

Shares worth Rs. 150 each were bought at Rs. 180. Which of the following is necessarily true ?
A. Each share was bought at Rs. 30 discount.
B. Each share was bought at Rs. 30 premium.
C. Each share was bought at 30% discount.
D. Each share was bought at 30% premium.

Shares worth Rs. 150 each were bought at Rs. 180. Which of the following is necessarily true ?
A. Each share was bought at Rs. 30 discount.
B. Each share was bought at Rs. 30 premium.
C. Each share was bought at 30% discount.
D. Each share was bought at 30% premium.
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1 Answer

  1. Correct Answer – B
    `FV=` Rs. `150`
    `MV=` Rs. `180`
    Premium `=MV-FV=` Rs. `30` is true.

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