Question

A man invests a certain sum of money in 6% hundred rupee shares at 12 premium. When the shares fell to 96, he sold out all the shares bought and invested the proceed in 10%

Answer 1

Explanation:

Strategic risk is the risk that failed business decisions, or lack thereof, may pose to a company. Strategic risk is often a major factor in determining a company's worth, ... The ...

Answer 2

Explanation:

Let initial CP be x At 10% profit , SP =1.10 x As per problem. CP = x-20 & SP ... Has he purchased it for 20 less and sold it for 20 more? He would have gained 40 %.