Question

A person invests rs 4368 and buy certain hundred rupee shares @ 91.He sells out shares worth rs 2400 when they have risen to rs 95 and the remainder when they have fallen to rs 85.Find the gain or loss on the total transaction.

Answer 1

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Answer 2

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Sum Invested by the Man = Rs. 4368
Nominal Value of 1 Share = Rs. 100
Market Value of 1 Share = Rs. 91

∵ No. of Shares = Investment/M.V. of 1 Share.
    = 4368/91
    = 48 shares.

∴ The Original Number of Shares which the Man have is 48.

Now,
In First Case,
New Market Value of 1 Share = Rs. 95.
When Market Price is Rs., 95 Man Sold 24 Shares.

∴ Sum Invested by the Man to sell 24 Shares = 24 × New M.V. of 1 Share.
= 24 × 95
= Rs. 2280.


In Second Case,

Number of Shares left = 48 - 24
= 24 Shares.
Man sold these Shares when there price fall to Rs. 85 Per Shares.
 ∴  Market Price of One share = Rs. 85.

∴ Investment = Number of Shares × Market Value of 1 Shares.
    = 24 × 85
    = Rs. 2040

Total money gained by the main in selling these Shares = 2,280 + 2,040
 = Rs. 4,320  


Now, We can see that Money gained by the Man in selling the Shares is less than the Money Invested by the Man in buying the Shares.
∴ There is a loss.

Loss = Total Investment in Buying the Shares - Total Money Gained by the Man in selling the Shares.
= 4368 - 4320
= Rs. 48.


∴ Loss suffered by the Man during the Whole Transactions is Rs. 48.

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