Discuss Forum
1. If Taka 4500 was invested in bonds of acorporation when the price per bond was Tk.9.00 and Taka 3000 was invested in bonds of another corporation when the price was Tk.10.00 per bond, What was the average price of bonds purchased?
- A. Tk.9.625
- B. Tk.9.625
- C. Tk.9.625
- D. Tk.9.625
Answer: Option D
Explanation:
Total investment = 4500 + 3000 = 7500 TK.
Number of Bonds = 4500/9 + 3000/10 = 800
Average price per bond = 7500 / 800 = 9.375 TK.
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