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  • Which of the following is the market value of the share f...
Multiple choice

Which of the following is the market value of the share for Rs. 75 shares at a premium of 12%?

  1. Rs. 94

  2. Rs. 74

  3. Rs. 64

  4. Rs. 84

  5. Rs. 104

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Market value of the share = (100 + 12)% of Rs. 75 = 112 x 75 / 100 = Rs. 84

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