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easyMCQUPTET Paper 2 (Maths & Science)2017Mathematics and Science
1 mark

A company issues shares to raise a total capital of Rs. 25 lakhs. If the face value of each share is Rs. 100, find the total number of shares issued by the company.

  1. A
    20000
  2. B
    25000
  3. C
    30000
  4. D
    15000

Solution & Step-by-step Explanation

The relationship connecting total capital, share price, and quantity of shares is:
Total Capital Raised=Number of Shares Issued×Face Value of One Share
Given data:

Total Capital=Rs. 25,000,000(25 lakhs)

$

Calculating the number of shares:

Number of Shares=
Face Value per Share
Total Capital


Number of Shares=
100
2500000

=25000

Practice this question

Try it yourself before checking the explanation above.

A company issues shares to raise a total capital of Rs. 25 lakhs. If the face value of each share is Rs. 100, find the total number of shares issued by the company.
A
20000
B
25000
C
30000
D
15000

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