Question

A person buys 120 shares at a nominal value of rupees 40 each which he sells at
Rupees 42.50 find his profit and profit percent

Answer 1

Answer

1. No. Of shares =120
2. Value of each share = rs 40
3. Value of selling each share = rs 42.50
4. Difference between buying and selling share = rs 42.50-rs 40.00 =rs 2.50

• Profit he got =120 x 40
• = rs 4800

1. Profit percent = profit /invest x 100

• =300/4800 x 100
• =6. 25%

By :syed saif

From: kendriya vidyalaya C R P F Hyd

Class:lX