Mr. X Purchased 100 shares at market
Price Rs. 120 each He sold all the shares
after 6 months at market price Rs. 160 each
find Returns on
on his purchase.
Answers
Answered by
8
1 = 120
100=120×100=12000
he purchase all in rs. 12000
sold one = 160
100=160×100 = 16000
he sold all in 16000
it means that he had profit of 16000-12000=4000
Answered by
16
Answer:
Returns on Purchase = Rs. 4,000
Step-by-step explanation:
Given :
No. of Shares = 100
• When Purchased share :
M.V. = Rs. 120
• When sold share :
M.V. = Rs. 160
To find :
Returns on his Purchase
Solution :
Total shares = 100 shares
• When Purchased shares =
M.V. = Rs. 120
Total amount invested =
No. of shares × M.V.of 1 share
⇒ 100 × 120
⇒ 12,000
Total amount invested = Rs. 12,000
• When Sold shares :
M.V. = Rs. 160
Selling Price =
No. of shares × M.V.of 1 share
⇒ 100 × 160
⇒ 16,000
Selling Price = Rs. 16,000
Selling Price - Purchases price
⇒ 16,000 - 12,000
⇒ 4,000
∴ Returns on Purchase = Rs. 4,000
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