Read the data carefully and answer the questions.
Note: (i) Market value = Total number of shares × price of one share
(ii) Number of shares increased by 20% from 2001 to 2002 and price of share decreased by 5% from 2002 to 2003.
(iii) Price of share decreased by 12% from 2005 to 2006 and number of shares decreased by 10% 2005 to 2006.
Find total market value in 2006.
Correct Answer :
247,5000
Solution :
To find the total market value in 2006, we need to calculate the number of shares in 2006 and the price per share in 2006.
Step 1: Extract the data from the given charts
From the first bar chart ("Total shares"), we find the number of shares in the year 2005:
Total shares in 2005 = 25,000
From the second bar chart ("Price per share in Rs."), we find the price of a share in the year 2006:
Price of one share in 2006 = Rs. 110
Step 2: Calculate the number of shares in 2006
According to note (iii), the number of shares decreased by 10% from 2005 to 2006.
Therefore, the number of shares in 2006 is:
Step 3: Calculate the total market value in 2006
Using note (i), the market value is defined as:
Market value = Total number of shares × Price of one share
By substituting the values calculated for 2006:
In the options, this value is represented with the format 247,5000.
Thus, the correct option is 247,5000.
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