find market value of 240, ₹50 share at a discount of Rs 5
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find market value of 240, ₹50 share at a discount of Rs 5
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Step-by-step explanation:
To find the market value of 240 shares priced at ₹50 each with a discount of ₹5 per share, you'd first calculate the discounted price per share:
Original price per share = ₹50
Discount per share = ₹5
Discounted price per share = Original price per share - Discount per share
Discounted price per share = ₹50 - ₹5 = ₹45
Then, you'd multiply the discounted price per share by the number of shares to get the total market value:
Market value of 240 shares = Discounted price per share × Number of shares
Market value of 240 shares = ₹45 × 240 = ₹10,800