A company with total equity wise valuation of rs. 600,00,000, went public and was interested to sell 24% of its total equity valuation. The equity to be sold is divided into shares of rs. 1000 each. A broker takes in 2% of each transaction may it be selling or buying. A man bought 144 shares of the company and waited for two years to sell them. After two years the valuation of each share went up by 70%. What is the net profit earned by the man?
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The sale transaction took place on 1st February, 2012. ... entered into another agreement with Rose Ltd. to resell the same goods at `10.80 ... If the company extracts and sells 20,000.
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