1. Tardigrade
  2. Question
  3. Mathematics
  4. If ₹ 40,000 more invested, then 600 more shares can be purchased. Find the market value of each share.

Question Error Report

Thank you for reporting, we will resolve it shortly

Back to Question

Q. If $₹ 40,000$ more invested, then 600 more shares can be purchased. Find the market value of each share.

Shares and Dividends

Solution:

From the given data, 600 shares can be purchased with an investment of $₹ 40,000$.
$\therefore$ Market value of each shares (in ₹)
$=\frac{40,000}{600}=66.67$