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Question 28 of 30

Q.What is the amount realised on selling 8% Stock of 200 shares of Face Value ₹ 100 at ₹ 50 ?

(a) ₹ 7,000
(b) ₹ 16,000
(c) ₹ 9,000
(d) ₹ 10,000
Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2025MCQ· 1mImportance★★★★★
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Amount realised on a sale == number of shares ×\times market price =200×50=₹10,000=200\times 50=₹10{,}000.

When shares are bought or sold, the money that changes hands is based on the market price (₹50 here), while the face value (₹100) and the rate (8%) are used only for computing dividend/income, not the sale proceeds.

Step — Amount realised:

Amount=No. of shares×market price=200×50=₹10,000.\text{Amount}=\text{No. of shares}\times\text{market price}=200\times 50 = ₹10{,}000.

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