arun sold rs 100 shares at 10% discount and invested in 15% rs 50 shares at rs 33 if she sold her shares at 10% premium instead of 10% discount she would have earned rs 450 more find the number of shares she sold. i need the answer fastly please an one help to figure out the answer
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No. Of shares she sold =99shares
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99 Shares sold by him
Step-by-step explanation:
Let say number of Shares = S
at 10 % Discount value = 90S
at 10 % premium value = 110S
Extra Amount = 20S
Number of shares bought with Extra Amount 20S = 20S/33
Premium per share = (15/100) 50 = 7.5 Rs
Premium on (20S/33) Share = (20S/33) * 7.5
= 150S/33
= 50S/11
These is extra income because of extra shares bought
50S/11 = 450
=> S = 99
99 Shares sold by him
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