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1. If Tk.45000 was invested in the share market when the price per share was Tk.90 and Tk.30000 was invested when the price per share was Tk.100, what was the average price per share purchesd?

  • A. Tk.96.25
  • B. Tk.96.25
  • C. Tk.96.25
  • D. Tk.96.25

Answer: Option D

Explanation:

Number of share purchased with TK 45000 investment = 45000/90 = 500

Number of share purchased with TK 30.000 investment = 30000/100 = 300

Total number of share = 500 + 300 = 800

Total investment = 45000 + 30000 = 75000 TK.

Average price per share = 75000 / 800 = 93.75 TK.

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