Question

Mr. Lohia purchase shares of a company at ₹100 and sold them on the same day ₹116.The brokerage charged was 0.1% only on sales.If the net amount received by mr Lohia was ₹9300 in two transactions, find the no. of shares, traded on the day.

Answer 1

$9300 \div 116.116$
no of shares =80

Answer 2

9300÷116.116 
no of shares =80