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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Start your 14-day free trial to unlock the full solution →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 .
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
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