Kona has 400 shares of stock A and 500 shares of stock B She gains ruppes 3 per share from stock A and loses ruppes 2 per share from stock B. How much does she gain or lose from these stocks taken together?
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Answer:
No. of shares of stock a = 400
Gain from share a. = Rs . 3 / share.
Total gain from share a = Rs. ( 400 × 3 )
= Rs . 1,200.
Similarly ,
No. of shares of stock b = 500
Loses from share b. = Rs. 2 / share.
Total loss from share b. = Rs. ( 500 × 2 )
= Rs. 1,000.
Net gain -:
= Rs. ( 1,200 - 1,000 )
= Rs. 200
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