The face value of a share is revalued from 150 per share to 90 per share. If the market value is 60% of the face value and the selling price is 125% of the market value, find the change in the selling price.

Correct Answer: 45 rupees
The initial face value = 150 rupees The initial market value = 60% of 150 = 90 rupees The initial selling price = 125% of the market value = 112.5 rupees The changed face value = 90 rupees The changed market value = 60% of 90 = 54 rupees The changed selling price = 125% of the market value = 67.5 rupees The difference in selling prices = 112.5 – 67.5 = 45 rupees.