500 shares, of par value TK. 20 each, are purchased from Rasel by Himel at a price of Tk. 25 each. Find the amount required to purchase the shares.

Question: 500 shares, of par value TK. 20 each, are purchased from Rasel by Himel at a price of Tk. 25 each. Find the amount required to purchase the shares.

Solution:
Face value of each share = Tk. 20
The market value of each share = Tk. 25
Number of shares = 500
Amount required to purchase the shares = 500 × 25
= 12500 tk.