Same chapter3 marksDifficulty: Easy
Find the market value of a ₹100 share that is quoted at a premium of 20%.
Shares and Dividends
1 markDifficulty: Easy
A ₹100 share quoted at ₹85 is said to be at a:
- apremium of 15%
- bdiscount of 15%
- cpar value
- ddiscount of 85%
Original Khojo Papers practice question — not from a past board paper.
Answer
discount of 15%
No citable source has been recorded for this record. Treat it as practice material, not as fact.
Explanation
The share is selling ₹15 below its nominal value of ₹100, that is at a discount of 15%.
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