(3) Mr. Chopade purchased 125 share of FV 100 for market value of 90. After
taking 20% dividend in the first year and 15% dividend in second year, he sold
all the shares when marked value was 105. He paid 50 paise per share brokerage
for each transaction done. Find the profit or loss in the transaction.
plz solve it
Answers
There is a profit of ₹ 6125.00 in the transaction.
Step-by-step explanation:
Number of shares purchased = 125
Face Value (FV) of each share = 100
Market Value (MV) of each share = 90
Brokerage per share = 0.50
MV of 125 shares = 125 × 90 = ₹ 11,250
Brokerage of 125 shares = 125 × 0.50 = ₹ 62.50
Purchase value of shares = 11,250 + 62.50 = ₹ 11,312.50
He took dividend in the first year = 20% of FV
FV for 125 shares = 125 × 100 = 12500
= 20% × 12500
= 0.20 × 12500
= ₹ 2500
He took dividend in second year = 15% of 12500
= 0.15 × 12500
= ₹ 1875
He sold all the shares at MV = 105
selling price of 125 shares = 105 × 125 = ₹ 13125
paid brokerage = 0.50 × 125 = ₹ 62.50
Total selling price = (13125 + 2500 + 1875) - 62.50 = ₹ 17437.50
Profit = purchase price < selling price
Profit = 17,437.50 - 11,312.50 = ₹ 6125.00
There is a profit of ₹ 6125.00 in the transaction.
Learn more about FV and MV : https://brainly.in/question/7731892
Step-by-step explanation:
Rs 6187.5 profit
Step-by-step explanation:
Shares purchased = 125
MV = Rs 90
Investment = 125*90 = Rs 11250
Share value = Rs 100
20% Dividend = Rs 20 per share
Dividend for 125 Shares = 125*20 = Rs 2500
15% Dividend = Rs 15 per share
Dividend for 125 Shares = 125*15 = Rs 1875
MV = Rs 105
Selling Price = 125 * 105 = Rs 13125
Brokerage = 125 * (50/100) = Rs 62.5
Net Amount earned = 13125 + 2500 + 1875 - 62.5
= 17437.5 Rs
Profit = 17437.5 - 11250
= Rs 6187.5