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A purchased a Machinery for Rs. 1,80,000 for which he is paying shares of Rs. 100 each at 10% discount. How many shares will be give as consideration?
- a)2500
- b)2000
- c)1800
- d)3000
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
A purchased a Machinery for Rs. 1,80,000 for which he is paying shares...
Given:
Cost of Machinery = Rs. 1,80,000
Face Value of Share = Rs. 100
Discount = 10%
To find: Number of shares given as consideration
Solution:
Discount on the face value of the share = 10%
So, the amount paid per share = Face Value - Discount = Rs. 100 - Rs. 10 = Rs. 90
Number of shares required to pay Rs. 1,80,000 = Cost of Machinery / Amount paid per share
= Rs. 1,80,000 / Rs. 90
= 2000 shares
Therefore, the number of shares given as consideration is 2000.
Answer: Option B) 2000 shares.
Cost of Machinery = Rs. 1,80,000
Face Value of Share = Rs. 100
Discount = 10%
To find: Number of shares given as consideration
Solution:
Discount on the face value of the share = 10%
So, the amount paid per share = Face Value - Discount = Rs. 100 - Rs. 10 = Rs. 90
Number of shares required to pay Rs. 1,80,000 = Cost of Machinery / Amount paid per share
= Rs. 1,80,000 / Rs. 90
= 2000 shares
Therefore, the number of shares given as consideration is 2000.
Answer: Option B) 2000 shares.
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Community Answer
A purchased a Machinery for Rs. 1,80,000 for which he is paying shares...
At 10%discount means ₹90 so 1,80,000/90=2000
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A purchased a Machinery for Rs. 1,80,000 for which he is paying shares of Rs. 100 each at 10% discount. How many shares will be give as consideration?a)2500b)2000c)1800d)3000Correct answer is option 'B'. Can you explain this answer?
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