A share is marked 40% more than its nominal value. If the selling price of the share is 63 rupees, find the nominal price of the share.

Stocks and Shares problems on: Stocks and shares, profit or loss on sales, revaluation, and the relationship between these financial values. Some useful formulas for solving stoks & shares problems are: Number of shares = Total investment / Investment in 1 share = Total Income / Income from 1 share = Total face value / face value of 1 share. Stock bought/sold = (investment × 100)/Market value = (income × 100)/R% Investment = (stock × market value)/100 = (Income × market value)/R% The face value of a share always remains the same. The market value of a share changes from time to... Show more

Stocks and Shares problems on: Stocks and shares, profit or loss on sales, revaluation, and the relationship between these financial values.

Some useful formulas for solving stoks & shares problems are:

Number of shares = Total investment / Investment in 1 share = Total Income / Income from 1 share = Total face value / face value of 1 share.
Stock bought/sold = (investment × 100)/Market value = (income × 100)/R%
Investment = (stock × market value)/100 = (Income × market value)/R%

The face value of a share always remains the same.
The market value of a share changes from time to time.
Dividend is always paid on the face value of a share.

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