Q.Find the market value of 62 shares available at ₹ 132 having the par value of ₹ 100.

Market value $=$ (number of shares)$\times$(market price) $=62\times 132=\unicode{8377}\,8{,}184$.

This is a basic stocks-and-shares term from the TN HSC Class-11 Business Mathematics syllabus. The par (face) value of $\unicode{8377}100$ is only used to name the stock; the amount actually paid in the market is decided by the market value.

Step 1 — Identify the data.

Number of shares $=62$; market price per share $=\unicode{8377}132$; par value $=\unicode{8377}100$ (not needed for market value).

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