Question

A man purchased a share for 120 rupees and earned interest in 3years 5,10,20 Rupees respectively then he sold share in rupees 140 at that time company is giving 140 RUPEES HOW MUCH HE GAIN.
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Answer 1

Answer:

(i) No. of shares = 350

NV = Rs 20

MV = Rs (20+7) = Rs 27

Therefore, money required to buy 350 shares = Rs (350

\times 27)= Rs 9450

(ii) No. of shares = 275

NV= Rs 60

MV= Rs (60-10) = Rs 50

Therefore, money required to buy 275 shares = Rs (275

\times 50) =Rs 13750

(iii) No. of shares = 50

NV= Rs 75

MV= Rs 71.50

Therefore, money required to buy 50 shares= Rs (50

\times 71.50) = Rs 3575

Answer 2

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• Accountancy is the practice of recording, classifying, and reporting on business transactions for a business. It provides feedback to management regarding the financial results and status of an organization.