In December 12th 2007, Mohammed bought 300 units of Afrococo Corporation shares at $75 per share. On Dec 10th 2008, Mohammed was hard pressed and sold all his shares for $65 per share. What is Mohammed’s percentage realised gain?
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Answer:Bhai Mohammed mat bol INDIA main....
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Realised loss = 13.33%
Step-by-step explanation:
Mohammed bought 300 units at $75 per share
so total purchased price = $300 * 75 = $22500
sale price = $65 * 300 = $ 19500
loss = $ 3000
realised loss = 13.33%
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