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Question 21 of 30

Q.Find the Market value of 325 shares of Face value ₹ 100 at a premium of ₹ 18.

Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2023Subjective· 2mImportance★★★★★
70% · 21/30 Questions
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A share at a premium of ₹18 on a face value of ₹100 has market value ₹118; for 325 shares the total market value is 325×118=₹38,350325 \times 118 = ₹38{,}350.

Step 1 — Market value of one share.

When a share of face value ₹100 is quoted at a premium of ₹18, its market value is

MV1=Face value+Premium=100+18=₹118.MV_{1} = \text{Face value} + \text{Premium} = 100 + 18 = ₹118.

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