Question 14 Marks
Vibhor has a keen interest to invest in the share market. His investment consultant advised him to study the fluctuations in the values of certain shares over a period of 5 days. Vibhor found that on July 1, the price of one share of ABC company was ₹3735.
Q.1. On July 2, the price of the share increased by ₹ 147. What was the price of each share of ABC company on July 2?
(a) ₹3582$\quad$(b) ₹3872$\quad$(c) ₹3882$\quad$(d) ₹3588
Q.2. On July 3, the share opened 27 below the previous day closing and again slipped by ₹9 by the end of the day. At what price did the share close on July 3?
(a) ₹3900 $\quad$(b) ₹3864$\quad$(c)₹ 3873 $\quad$(d) ₹3846
Q.3. On July 4, the share opened 128 above the previous day closing but again went down by ₹76 by the end of the day. What was the price of each share of ABC company at the end of the day on July 4?
(a) ₹3898$\quad$(b) ₹4050$\quad$(c) ₹3642$\quad$(d) ₹3787
Q.4. On July 5, the price of the share jumped ₹291 when the market opened. It rose further by ₹66 by the end of the day. What was the price of the share at the end of the day on July 5?
(a) ₹4123$\quad$(b) ₹3673$\quad$(c) ₹3541 $\quad$(d) ₹4255
Q.1. On July 2, the price of the share increased by ₹ 147. What was the price of each share of ABC company on July 2?
(a) ₹3582$\quad$(b) ₹3872$\quad$(c) ₹3882$\quad$(d) ₹3588
Q.2. On July 3, the share opened 27 below the previous day closing and again slipped by ₹9 by the end of the day. At what price did the share close on July 3?
(a) ₹3900 $\quad$(b) ₹3864$\quad$(c)₹ 3873 $\quad$(d) ₹3846
Q.3. On July 4, the share opened 128 above the previous day closing but again went down by ₹76 by the end of the day. What was the price of each share of ABC company at the end of the day on July 4?
(a) ₹3898$\quad$(b) ₹4050$\quad$(c) ₹3642$\quad$(d) ₹3787
Q.4. On July 5, the price of the share jumped ₹291 when the market opened. It rose further by ₹66 by the end of the day. What was the price of the share at the end of the day on July 5?
(a) ₹4123$\quad$(b) ₹3673$\quad$(c) ₹3541 $\quad$(d) ₹4255
Answer
View full question & answer→1. (c) ₹3882: Price of the share on July 2 = ₹ (3735 + 147) = ₹3882.
2. (d) ₹3846: Price of the share at the end of July 2 = ₹ 3882.
Price at the end of July 3 = ₹ (3882 - 27 – 9) = ₹3846.
3. (a)₹3898: Price of the share at the end of July 3 = ₹ 3846.
Price at the end of July 4 = ₹ (3846 + 128 - 76) = ₹3898.
4. (d)₹4255: Price of the share at the end of July 4 = ₹3898.
Price at the end of July 5 = ₹ (3898 + 291 + 66) = ₹4255.
2. (d) ₹3846: Price of the share at the end of July 2 = ₹ 3882.
Price at the end of July 3 = ₹ (3882 - 27 – 9) = ₹3846.
3. (a)₹3898: Price of the share at the end of July 3 = ₹ 3846.
Price at the end of July 4 = ₹ (3846 + 128 - 76) = ₹3898.
4. (d)₹4255: Price of the share at the end of July 4 = ₹3898.
Price at the end of July 5 = ₹ (3898 + 291 + 66) = ₹4255.