Q1 of 55 Page 111

Write the correct alternative for the following question.

If the Face Value of a share is Rs. 100 and Market value is Rs. 75,then which of the following statements is correct?

Market value = Rs. 75


Face Value = Rs. 100


If the market value is at a lower price than the face value then the share is in a discount.


Discount = (Face value-Market value) = Rs. 25

(A) The share is at premium Rs. 175 is wrong

(B) The share is at a discount of Rs. 25 is correct

(C) The share is at a premium of Rs. 25 is wrong

(D) The share is at discount of Rs. 75 is wrong

Hence, only B is correct

More from this chapter

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9

Anna Patil (Thane, Maharashtra) supplied vacuum cleaner to a shopkeeper in Vasai(Mumbai) for the taxable value of Rs. 14,000, and GST rate of 28%. Shopkeepersold it to the customer at the same GST rate for Rs. 16,800 (taxable value) Find the following-

(1) Amount of CGST and SGST shown in the tax invoice issued by Anna Patil.


(2) Amount of CGST and SGST charged by the shopkeeper in Vasai.


(3) What is the CGST and SGST payable by shopkeeper in Vasai at the time offiling the return.

 10

For the given trading chain prepare the tax invoice I, II, III. GST at the rate of 12% was charged for the article supplied.


(1) Prepare the statement of GST payable under each head by the wholesaler, distributor and retailer at the time of filing the return to the government.


(2) At the end what amount is paid by the consumer?


(3) Write which of the invoices issued are B2B and B2C?

 1

Write the correct alternative for the following question.

What is the amount of dividend received per share of face value Rs. 10 and dividend declared is 50%.

 1

Write the correct alternative for the following question.

The NAV of a unit in mutual fund scheme is Rs. 10.65 then find the amount required to buy 500 such units.