A company makes an advertisement of shares to collect a capital of Rs. 25 lacs. If the printed price of one share is Rs. 100, then find the number of - Mathematics and Science MCQ UPTET Paper 2 (Maths & Science) 2017 | ExamTest.live

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

1 mark

A company makes an advertisement of shares to collect a capital of Rs. 25 lacs. If the printed price of one share is Rs. 100, then find the number of shares circulated by the company.

Solution & Step-by-step Explanation

The relationship connecting total capital, share price, and quantity of shares is: Total Capital Raised = Number of Shares Issued \times Face Value of One Share Given data: Total Capital = Rs. 2, 500, 000 (25 lakhs) Face Value per Share = Rs. 100 C a l c u l a t in g t h e n u mb ero f s ha res : Number of Shares = \frac{Total Capital}{Face Value per Share} $ Number of Shares = \frac{2500000}{100} = 25000

Try it yourself before checking the explanation above.

A company makes an advertisement of shares to collect a capital of Rs. 25 lacs. If the printed price of one share is Rs. 100, then find the number of shares circulated by the company.

20000

25000

30000

15000

Practice with timed mock tests and track your performance across Mathematics and Science.