Question

1) Nalinitai invested Rs. 6024 in the shares of FV Rs. 10 when the market value was Rs. 60
she sold all the shares at MV of Rs. 50 after taking 60% dividend. he paid 0.4% brokerage
at each stage of transactions. What was the total gain or loss in the transaction?​

Answer 1

Answer:

Step-by-step explanation:

Ans is as follows... Please mark as brainlest..

Answer 2

Total loss in the transaction = Rs 444

Step-by-step explanation:

invested Rs. 6024 in the shares of FV Rs. 10 when the market value was Rs. 60

Invested = Rs 6024

brokerage Paid = 0.4%

Let say  Shares Value = V  

V + (0.4/100)V = 6024

=> V(1 .004) = 6024

=> V = 6000

Number of  Shares bought = 6000/60 = 100

60% dividend = (60/100) * 10 = Rs 6

Dividend received for 100 Shares = 6 * 100 = Rs 600

Sold for Rs 50 per share

Selling Price = 50 * 1000 = 5000

Brokerage Paid = (0.4/100) * 5000 = Rs 20

Received amount = 5000 - 20 = 4980 Rs

4980 + 600  = 5580 Rs

Loss = 6024 - 5580  = 444 Rs

total loss in the transaction = Rs 444

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