Question

Mr. D'souza purchased 200 shares of FV rupees 50 at a premium of rupees 100. He received 50% dividend on the shares. After receiving the dividend he sold 100 shares at a discount of rupees 10 and remaining shares were sold at a premium of rupees 75. For each trade he paid the brokerage of rupees 20. Find whether Mr. D'souza gained or incurred a loss ? by how much ? Solve the word problem

Answer 1

Answer:

Rs 8560 Loss

Step-by-step explanation:

Face Value of Share = 50 Rs

Mr. D'souza purchased 200 shares at Premium of Rs 100

=> Per share Value = 50 + 100 = 150 Rs

cost = 200 * 150 = Rs 30000

Brokerage paid = Rs 20

Total investment = Rs 30020

50% dividend on share = (50/100) * FV = (50/100) * 50 = 25 rs per share

Dividend received = 200 * 25 = Rs 5000

sold 100 shares at a discount of rupees 10

=> 100 * (50 - 10) = Rs 4000

Remaining share = 200 - 100 = 100

Sold at premium of rupees 75

=> 100 * (50 + 75) = Rs 12500

Brokerage paid = 20 + 20  = Rs 40

Amount received = 5000 + 4000 + 12500 - 40 = Rs 21460

Loss = 30020 - 21460 = Rs 8560

Answer 2

Hlo mate!!!

Refer the above attachment for better understanding..

Hope this will help you mate.