#### If Jagbeer invest ₹ 10320 on ₹100 shares at a discount of ₹ 14, then the number of shares he buys is

(a) 110

(b) 120

(c) 130

(d) 150

**Solution:**

Investment = ₹ 10320

Face value of each share = ₹ 100

M.V. of each share = ₹ 100 – 14 = ₹ 86

No. of shares = = 120 (b)

#### If Nisha invests ₹19200 on ₹50 shares at a premium of 20%, then the number of shares she buys is

(a) 640

(b) 384

(c) 320

(d) 160

**Solution:**

Investment = ₹ 19200

Face value of each share = ₹ 50

M.V. = ₹ 50 x = ₹ 60

Number of shares =

= 320 (c)