The face value of a share is 60% of the market value and the market value is 40% of the selling price. If the face value is 100 rupees, find the selling price.

The face value of a share is 60% of the market value and the market value is 40% of the selling price. If the face value is 100 rupees, find the selling price. Correct Answer 416.66 rupees

The face value is 60% of the market value. 60% of the market value is 100. 100% of the market value = 100 / 60 * 100 = 166.66 rupees. The market value is 40% of the selling price. 166.66 is 40% of the selling price. The selling price = 166.66 / 40 * 100 = 416.66 rupees.
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