1(xii)
The sum of money required to buy 50, ₹ 40 shares at ₹ 38.50 is :
- (a)₹ 1920
- (b)₹ 1924
- (c)₹ 1925
- (d)₹ 1952
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M.V. of share = ₹ 38.50
No of shares bought = 50
Money required = ₹ 38.50 × 50 = ₹ 1925.
Hence, Option 3 is the correct option.