Manoj buy 100 shares of Bharat Textile Company at the rate of Rs. 100 per share. After some time the market price of shares become Rs. 120 per share. What will be his wealth in the company ?

Manoj buy 100 shares of Bharat Textile Company at the rate of Rs. 100 per share. After some time the market price of shares become Rs. 120 per share. What will be his wealth in the company ?

(A) Rs. 12,000

(B) Rs. 8,000

(C) Rs. 10,000

(D) Rs. 10,120

Answer – (A) ₹12,000 = 100 shares × ₹120. The increase in wealth is ₹2,000, but the question asks for total wealth.

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