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Question

A company collected 66,22,875from its shareholders if the value of each share is145, what is the total number of shares issued by the company?


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Solution

Finding total number of shares issued by the company

Value of total shares issued by company = 66,22,875

Value of each share = 145

Total no. of shares issued by the company = Value of total shares issued by company÷ Value of each share

=66,22,875÷145=66,22,87145=45,765


Hence, the total no. of shares issued by the company is 45,765


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