Question

12500 shares, of par value Rs. 20 each, are purchased from Ram by Mohan at a price of Rs. 25 each. Find the amount required to purchase the shares. If Mohan further sells the shares at a premium of Rs. 11 each, find his gain in the transaction

  • Rs. 70000

2 Answer and explanations

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198
Vivek

how did the answer came

206
Andrew

please anyone explain this answer

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