The face value of a share is revalued from 90 per share to 100 per share. If the market value is 175% of the face value and the selling price is 200% of the market value, find the change in the selling price.

Correct Answer: 35 rupees
The initial face value = 90 rupees The initial market value = 175% of 90 = 157.50 rupees The initial selling price = 200% of the market value = 315 rupees The changed face value = 100 rupees The changed market value = 175% of 100 = 175 rupees The changed selling price = 200% of the market value = 350 rupees The difference in selling prices = 350 – 315 = 35 rupees.