10) Dr.Max a professional trader, bought 225 shares of a company at Rs 23 1 2 ⁄ a share. A month later he sold them at Rs. 31 3 4 a share. How much did Dr. Max gain on the transaction
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Answered by
1
Answer:
184,950
Step-by-step explanation:
He bought sarees at a rate of rupees 2312
He bought 225 sarees
total cost of of all sarees= 2312×225
= 05,20,200
he sold sarees at a rate of of rupees 3134
he sold 225 sarees
the total selling cost of all sarees = 3134×225
= 07,05,150
he gained
= 705150-520200
= 01,84,950
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Answered by
1
Answer:
upper answer is wrong
Step-by-step explanation:
he bought shares at rate of= 23 1/2
he bought 225 shares = 231/2x225
=47/2x223/I
=10375
he sold at a rate=3/3/4
he sold 225 Shares =313/4X225
=127/4X225/1
=28575
he gained=28575-10575
=18000
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