12500 shares, of par value Rs. 20 each, are purchased from Ram by Mohan at a price of Rs. 25 each. Find the amount required to purchase the shares.	Pick one.
A) 312000 B) 313000 C) 314000 D) 315000 E) 312500
Face value of each share = Rs.20   Market value of each share = Rs.25   Number of shares = 12500   Amount required to purchase the shares = 12500 × 25 = 312500   Answer is 312500.
<result>E</result>
12500 shares, of par value Rs. 20 each, are purchased from Ram by Mohan at a price of Rs. 25 each. Find the amount required to purchase the shares.