A share of FV ₹ 10 is available at MV ₹ 8. Which of the following is true?

Q.15 A share of FV ₹ 10 is available at MV ₹ 8. Which of the following is true?

A. The share is at a premium of ₹ 2.

B. The share is at a discount of ₹ 2.

C. The share is at par.

D. Dividend is calculated on ₹ 8.

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

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Answer: (B) The share is at a discount of ₹ 2.

MV (8) is less than FV (10), so the share is at a discount. Discount = FV − MV = 10 − 8 = ₹ 2. Dividend is always calculated on FV, never on MV.

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

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