Question

Mr Khan inveata Ra. 1,31,000 in buying shares of face value Rs 100 at a discount of
9%. She sells shares worth Rs. 72000 at a premium of 10% and the rest at a discount
of 5%. Find her total gain or loss on the whole.​

Answer 1

Mr. Khan has gained total 16,505 Rs.

Step-by-step explanation:

Investment = ₹ 1,31,000

Face value = ₹ 100

discount on each share = 9% × 100

                                       = 9 Rs.

Market value (M.V.) of one share = 100 - 9

                                                      = 91 Rs.

Number of shares purchased = Total investment ÷ M.V. of one share

                                                = 131000 ÷ 91

                                                = 1439.56 ≈ 1439 shares

Now Mr. Khan sells some shares worth Rs. 72,000.

Total number of shares he sold = $\frac{72000}{100}=720$

Market value of one share = 100 +(10% × 100)

                                           = 100 + 10

                                           = 110 Rs.

Selling price of 720 shares = 110 × 720

                                            = ₹ 79,200

Remaining shares = 1,439 - 720 = 719

He sold remaining shares at the discount of 5%.

Market value of share = 100 -(5% × 100)

                                    = 100 - 5

                                    = 95 Rs.

Price of remaining 719 shares = 719 × 95

                                                 = ₹ 68,305

Total selling price = 79,200 + 68,305

                             = ₹ 1,47,505

Selling price is greater than investment. Therefore there is a gain.

Gain = selling price - investment

Gain = 147505 - 131000 = 16,505

Thus, Mr. Khan has gained total 16,505 Rs.

Learn more gain or loss on investment : https://brainly.in/question/7698003

Answer 2

Step-by-step explanation:

Given, Total investment = 1,31,000.

Given, Each share value = 100.

Discount on each share = 9% of each share

                                        = 9% of 100

                                        9.

Market Value = Share value - Discount

                       = 100 - 9

                       = 91

∴ Number of shares purchased = Total investment/MV

                                                     = 131040/91

                                                     = 1440

Given that she sells shares worth 72000 at a premium of 10%.

Number of such shares sold = 72000/100 = 720.

∴ Market value of 1 share = 100 + 10 = 110.

Then, Selling price of 720 such shares = 720 * 110 = 79200.

Remaining shares = 1440 - 720 = 720.

Given that rest are sold at the discount of 5%.

∴ Market value of 1 share = 100 - 5 = 95.

Selling price of such 720 shares = 720 * 95 = 68400.

Overall Selling price = 147600.

∴ Here, Selling price > Cost price. So, Gain has occurred.

Gain = Selling price - Cost price

        = 147600 - 131040

        = 16560.

Therefore, Gain = 16560.

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