Question

Mrs. Kulkarni invests Rs. 131040 in buying Rs. 100 shares at a discount of 9% . She sells shares worth Rs. 72000at a premium of 10% and the rest at a discount of 5%. Find her total gain or loss on the whole.

Answer 1

Hello Dear.

Here is the answer---

Given Conditions ⇒

Investments = Rs. 131040
Nominal Value of 1 Share(N.V.) = Rs. 100
Market Value of 1 share(M.V.) = 100 - 9% of 100.
= 100 - 9
= Rs.91

No. of Shares Purchased = Investments/M.V. of 1 Share.
= 131040/91
= 1440 Shares.


Now, Kulkarni also sells some of the shares,
No. of Shares worth Rs.72000(which are sells) = 72000/100
= 720 Shares.

M.V. of one Share which are Sell = 100 + 10% of 100.
= Rs. 110

∴ Selling Price of 720 Shares = M.V. of 1 share × No. of Shares.
   =  110 × 720
   = Rs. 79200 

Now, Remaining Shares = 1440 - 720
 = 720 Shares.

As per as the Question, Kulkarni sells these Shares at a Discount of 5%.
∴ M.V. of 1 share = 100 - 5% of 100
= 100 - 5
= Rs. 95.

Now, Selling Price of these 720 Shares = 95 × 720
= Rs.68400.

Now, Total Selling Price = Rs. (79200 + 68400)
= Rs.147600

We can see. that the Total Selling Price is greater than the Investment, thus there is an Gain.

∴ Total Gain = Total Selling Price - Total Investments.
     = Rs.(147600 - 131040)
     = Rs. 16560.


Thus, Kulkarni have the total Gain of Rs.16560.


Hope it helps.

Answer 2

Answer:16560 =gain

Step-by-step explanation:Hello Dear.

Here is the answer---

Given Conditions ⇒

Investments = Rs. 131040

Nominal Value of 1 Share(N.V.) = Rs. 100

Market Value of 1 share(M.V.) = 100 - 9% of 100.

= 100 - 9

= Rs.91

No. of Shares Purchased = Investments/M.V. of 1 Share.

= 131040/91

= 1440 Shares.

Now, Kulkarni also sells some of the shares,

No. of Shares worth Rs.72000(which are sells) = 72000/100

= 720 Shares.

M.V. of one Share which are Sell = 100 + 10% of 100.

= Rs. 110

∴ Selling Price of 720 Shares = M.V. of 1 share × No. of Shares.

   =  110 × 720

   = Rs. 79200 

Now, Remaining Shares = 1440 - 720

 = 720 Shares.

As per as the Question, Kulkarni sells these Shares at a Discount of 5%.

∴ M.V. of 1 share = 100 - 5% of 100

= 100 - 5

= Rs. 95.

Now, Selling Price of these 720 Shares = 95 × 720

= Rs.68400.

Now, Total Selling Price = Rs. (79200 + 68400)

= Rs.147600

We can see. that the Total Selling Price is greater than the Investment, thus there is an Gain.

∴ Total Gain = Total Selling Price - Total Investments.

     = Rs.(147600 - 131040)

     = Rs. 16560.

Thus, Kulkarni have the total Gain of Rs.16560.

Hope it helps.