CA Foundation Exam > CA Foundation Questions > Mr. A plans to invest up to Rs. 30,000 in two...
Start Learning for Free
Mr. A plans to invest up to Rs. 30,000 in two stocks X and Y. Stock X(x) is priced at Rs.175 and Stock Y(y) at Rs.95 per share. This can be shown by
- a)175x+95y < 30,000
- b)175x+95y > 30,000
- c)175x+95y = 30,000
- d)None of these
Correct answer is option 'A'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
Mr. A plans to invest up to Rs. 30,000 in two stocks X and Y. Stock X(...
B)30,000 = 175x + 95y
Explanation:
Mr. A plans to invest up to Rs. 30,000, which means the total cost of the investment cannot exceed Rs. 30,000. He intends to invest in two stocks X and Y, which are priced at Rs. 175 and Rs. 95 per share, respectively.
To represent this situation mathematically, we use the variables x and y to denote the number of shares of stocks X and Y that Mr. A intends to buy. The total cost of his investment is the product of the number of shares and the price per share, which is 175x for stock X and 95y for stock Y.
Therefore, the total cost of the investment can be expressed as 175x + 95y. Since Mr. A plans to invest up to Rs. 30,000, we can write the following equation:
175x + 95y ≤ 30,000
This is the same as option (b), which shows the equation in a concise and clear manner.
Explanation:
Mr. A plans to invest up to Rs. 30,000, which means the total cost of the investment cannot exceed Rs. 30,000. He intends to invest in two stocks X and Y, which are priced at Rs. 175 and Rs. 95 per share, respectively.
To represent this situation mathematically, we use the variables x and y to denote the number of shares of stocks X and Y that Mr. A intends to buy. The total cost of his investment is the product of the number of shares and the price per share, which is 175x for stock X and 95y for stock Y.
Therefore, the total cost of the investment can be expressed as 175x + 95y. Since Mr. A plans to invest up to Rs. 30,000, we can write the following equation:
175x + 95y ≤ 30,000
This is the same as option (b), which shows the equation in a concise and clear manner.
Attention CA Foundation Students!
To make sure you are not studying endlessly, EduRev has designed CA Foundation study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CA Foundation.
|
Explore Courses for CA Foundation exam
|
|
Similar CA Foundation Doubts
Top Courses for CA FoundationView all
Mr. A plans to invest up to Rs. 30,000 in two stocks X and Y. Stock X(x) is priced at Rs.175 and Stock Y(y) at Rs.95 per share. This can be shown bya)175x+95y < 30,000b)175x+95y > 30,000c)175x+95y = 30,000d)None of theseCorrect answer is option 'A'. Can you explain this answer?
Question Description
Mr. A plans to invest up to Rs. 30,000 in two stocks X and Y. Stock X(x) is priced at Rs.175 and Stock Y(y) at Rs.95 per share. This can be shown bya)175x+95y < 30,000b)175x+95y > 30,000c)175x+95y = 30,000d)None of theseCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Mr. A plans to invest up to Rs. 30,000 in two stocks X and Y. Stock X(x) is priced at Rs.175 and Stock Y(y) at Rs.95 per share. This can be shown bya)175x+95y < 30,000b)175x+95y > 30,000c)175x+95y = 30,000d)None of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Mr. A plans to invest up to Rs. 30,000 in two stocks X and Y. Stock X(x) is priced at Rs.175 and Stock Y(y) at Rs.95 per share. This can be shown bya)175x+95y < 30,000b)175x+95y > 30,000c)175x+95y = 30,000d)None of theseCorrect answer is option 'A'. Can you explain this answer?.
Mr. A plans to invest up to Rs. 30,000 in two stocks X and Y. Stock X(x) is priced at Rs.175 and Stock Y(y) at Rs.95 per share. This can be shown bya)175x+95y < 30,000b)175x+95y > 30,000c)175x+95y = 30,000d)None of theseCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Mr. A plans to invest up to Rs. 30,000 in two stocks X and Y. Stock X(x) is priced at Rs.175 and Stock Y(y) at Rs.95 per share. This can be shown bya)175x+95y < 30,000b)175x+95y > 30,000c)175x+95y = 30,000d)None of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Mr. A plans to invest up to Rs. 30,000 in two stocks X and Y. Stock X(x) is priced at Rs.175 and Stock Y(y) at Rs.95 per share. This can be shown bya)175x+95y < 30,000b)175x+95y > 30,000c)175x+95y = 30,000d)None of theseCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Mr. A plans to invest up to Rs. 30,000 in two stocks X and Y. Stock X(x) is priced at Rs.175 and Stock Y(y) at Rs.95 per share. This can be shown bya)175x+95y < 30,000b)175x+95y > 30,000c)175x+95y = 30,000d)None of theseCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of Mr. A plans to invest up to Rs. 30,000 in two stocks X and Y. Stock X(x) is priced at Rs.175 and Stock Y(y) at Rs.95 per share. This can be shown bya)175x+95y < 30,000b)175x+95y > 30,000c)175x+95y = 30,000d)None of theseCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Mr. A plans to invest up to Rs. 30,000 in two stocks X and Y. Stock X(x) is priced at Rs.175 and Stock Y(y) at Rs.95 per share. This can be shown bya)175x+95y < 30,000b)175x+95y > 30,000c)175x+95y = 30,000d)None of theseCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Mr. A plans to invest up to Rs. 30,000 in two stocks X and Y. Stock X(x) is priced at Rs.175 and Stock Y(y) at Rs.95 per share. This can be shown bya)175x+95y < 30,000b)175x+95y > 30,000c)175x+95y = 30,000d)None of theseCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Mr. A plans to invest up to Rs. 30,000 in two stocks X and Y. Stock X(x) is priced at Rs.175 and Stock Y(y) at Rs.95 per share. This can be shown bya)175x+95y < 30,000b)175x+95y > 30,000c)175x+95y = 30,000d)None of theseCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Mr. A plans to invest up to Rs. 30,000 in two stocks X and Y. Stock X(x) is priced at Rs.175 and Stock Y(y) at Rs.95 per share. This can be shown bya)175x+95y < 30,000b)175x+95y > 30,000c)175x+95y = 30,000d)None of theseCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
|
|
Explore Courses for CA Foundation exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup