Question

Peter bought few shares from share market at 500 and sold them at gain of 8% find the price at which he sold the share
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Answer 1

Answer:

sale price of share 540. ...

Answer 2

Solution :-

given that,

→ Peter bought shares from market at = 500

and,

→ Sold at a gain of = 8% .

So,

→ Selling price of share = CP + 8% of CP

→ Selling price of share = 500 + 8% of 500

→ Selling price of share = 500 + (8 * 500)/100

→ Selling price of share = 500 + 40

→ Selling price of share = 540 (Ans.)

Hence, He sold the share at the price of 540 .

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