Math, asked by kushi2454, 1 year ago

Mr. Ravi sold `2,250 stock at 75 and bought stock at 88.5 with the proceeds. How much stock does

he buy if the brokerage is 2% for selling and 1.5% for buying

Answers

Answered by Anonymous
0
Investment- 11000 
n(shares)-100 
Nominal Value (N.V)-100
Dividend (d)-75 per share 

therefore the market value is rupees 110 

And it is 10 rupees above par as shown above.
Let d% be x.
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