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The face value of a share is revalued from 120 per share to 180 per share. If the market value is 250% of the face value and the selling price is 250% of the market value, find the change in the selling price.

The face value of a share is revalued from 120 per share to 180 per share. If the market value is 250% of the face value and the selling price is 250% of the market value, find the change in the selling price. Correct Answer 375 rupees

The initial face value = 120 rupees The initial market value = 250% of 120 = 300 rupees The initial selling price = 250% of the market value = 750 rupees The changed face value = 180 rupees The changed market value = 250% of 180 = 450 rupees The changed selling price = 250% of the market value = 1125 rupees The difference in selling prices = 1125 – 750 = 375 rupees.

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