Mr. D'Souza purchased 200shares of FV $ 50at a premium of $100 he received 50%dividend on the share .after receiving the dividend he sold 100 share at a discount of $ 10 and remaining shares were sold at a premium of $ 75 .for each trade he paid the brokerage of $ 20 .find weather Mr. D'Souza gained or incurred a loss ? buy how much?
Answers
Answer:
share=200
MV=f.v+premium
=50+100
=Rs.150
Investment =150*200
=30000
Total investment =30000+brokerage
=30000+20
=30020$
He sold 100 share at discount of 10$,
MV=40$
shares =10
amount for 100 share=40*100
=4000$
amount received =4000-brokerage
=4000-20
=3980$
He sold 100 share at premium of rs. 75
mv=125
amount for 100 share =125*100
=12500$
amount received =12500-20
=12480$
dividend =50 percent
divedend=50/100*50
=250/10
= 25$
dividend for200 shares =25*200
=5000$
Total amount received after selling shares=5000+12480+3980
=Rs 21460$
he incurred loss
loss=30020-21460
=8560Rs
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