Answer:
Rs.13,130 ,000
Step-by-step explanation:
Lets solve first for year 1990
Value of stock in 1990 = Rs. 152.50
No. of stocks issued in 1990 = 100,000
Total value of these stocks in 1990= Value of stock in 1990* no of stocks issued in 1990 = 152.50*100,000 = Rs. 15,250,000
Let solve first for year 1993
Value of stock in 1993 = Rs. 21.20
No. of stocks 1993 = 100,000
Total value of these stocks in 1993 = Value of stock in 1993* no of stocks issued in 1993 = 21.20*100,000 = Rs. 2,120,000
Decrease in value of stock in 1993 in comparison to 1990 = Total value of the stocks in 1990 -Total value of the stocks in 1993
= Rs. 15,250,000 - Rs. 2,120,000
= Rs.13,130 ,000
Thus, the 100,000 shares worth Rs.13,130 ,000 lesser in 1993 than in 1990.
