Chapter: Financial Planning· Mathematics Part 1 (Algebra)

Asked in: March 2025 board paper; July 2024 board paper (same activity: ₹ 12,000 invested, FV ₹ 10, premium ₹ 2, answer 1000 shares)Q.5 Pushpmala has invested ₹ 24,000 and purchased share of FV ₹ 20 at a premium of ₹ 4. Complete the following activit…

Asked in: March 2025 board paper; July 2024 board paper (same activity: ₹ 12,000 invested, FV ₹ 10, premium ₹ 2, answer 1000 shares)

Q.5 Pushpmala has invested ₹ 24,000 and purchased share of FV ₹ 20 at a premium of ₹ 4. Complete the following activity to find the number of shares she purchased.

Activity:
FV = ₹ 20
Premium = ₹ 4
MV = FV + ____ = 20 + ____ = ₹ 24
Number of shares = Total investment / MV = 24,000 / ____ = ____ shares.

Doubtly Asked 29 Oct 2026 Practice test ssc 10th Save WhatsApp Report

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Answer: Pushpmala purchased 1000 shares.

MV = FV + premium = 20 + 4 = ₹ 24

\(\text{Number of shares} = \dfrac{\text{Total investment}}{\text{MV}} = \dfrac{24000}{\mathbf{24}} = \mathbf{1000}\)

Blanks in order: premium, 4, 24, 1000.

Doubtly AI · 29 Oct 2026 AI-verified · Nov 2026 Report

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Asked in: March 2025 board paper; July 2024 board paper (same activity: ₹ 12,000 invested, FV ₹ 10, premium ₹ 2, answer 1000 shares)Q.5 Pushpmala has invested ₹ 24,000 and purchased share of FV ₹ 20 at a premium of ₹ 4. Complete the following activit…

1 answer

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