Question Details

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.


In 2002, 70% of total market value received from old shareholders and rest received from new shareholders. Find the total market value received from new shareholders.

Options

A

140,000

B

350,000

C

27000

D

270,000

E

210,000

Show Answer

Correct Answer :

Option D

270,000

Solution :

The correct answer is 270,000.

Let's break down the solution step-by-step based on the provided graphs and notes:

Step 1: Find the total number of shares in the year 2001.
From the first bar graph ("Total shares"), the total number of shares in 2001 is 10,000.

Step 2: Calculate the total number of shares in the year 2002.
According to Note (ii), the number of shares increased by 20% from 2001 to 2002.
Therefore, we calculate the number of shares in 2002 as follows:

Number of shares in 2002 = 10000 × ( 1 + 20 100 )

= 10000 × 1.20 = 12000

Step 3: Find the price per share in the year 2002.
From the second bar graph ("Price per share in Rs."), the price of a share in 2002 is Rs. 75.

Step 4: Calculate the total market value in the year 2002.
According to Note (i), the Market value = Total number of shares × Price of one share:

Total Market Value in 2002 = 12000 × 75 = 900000

Step 5: Find the market value received from new shareholders.
In 2002, 70% of the total market value was received from old shareholders. This means the remaining percentage received from new shareholders is:

100 % - 70 % = 30 %

Now, we calculate 30% of the total market value of Rs. 900,000:

Market Value from New Shareholders = 30 100 × 900000

= 270000

Thus, the total market value received from new shareholders is 270,000.

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