c) Rohit invested Rs 16000 in 15%, 100 Rs shares at Rs 80, After a year he sold these shares at Rs
75 each and invest the money in 18%, 100 Rs shares at Rs 90 each. Find
i His gain or loss after a year.
D) His annual income from the second investment.
i) The percentage of increase in return on the original investment
ans??
Answers
Answered by
1
Step-by-step explanation:
Shares= 16000÷80= 200
Income1= 200×15×100÷=3000
Further sold 200×75=15000
Income2= 200×18×100÷100=3600
1) there is gain income2-income1
3600-3000=600
His annual income for secondinvestment is 3600
Rate of return on original investment = 18.75%
Answered by
1
Step-by-step explanation:
Given, investment=Rs.16000,r=15%,NV=Rs.100,MV=Rs.80
No.of shares=investment/MV
=16000/80=200
Dividend on each share=15% of 200=Rs.30
selling price of the shares=30×75=Rs.2250
Now,Investment=Rs.2250,r=18%,NV=Rs.100,MV=Rs.90
No.of shares=2250/90=25
Annual Income=25×18×100/100=Rs.1200
Rate of return on original investment=(1200/2250×100)%
=53.3%
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