Questions & Answers: "Shares and Mutual Funds"

Complete guide to "Shares and Mutual Funds" for Math students. Below you will find important questions and model answers to help you prepare.

2 Questions

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Question 1

1 Mark

How many shares of Rs. 500 each, did Pari purchased, if she spends Rs. 46350 with 3% commission?

Options

Option A

95

Option B is correct

90

Option C

81

Option D

87

Question 2

1 Mark

Laxmanrao purchased shares worth Rs. 10,500 and paid 0.5% brokerage. Find the amount spent to purchase the shares including brokerage.

Options

Option A

15,052.50

Option B

52.50

Option C is correct

10,552.50

Option D

1,044.50