Question

Pls help ur friend (me) to solve the question in the attachment:
If correct, I will mark brainliest, but the answer must have all the steps AND if the answer and the step-by-step explanation is PERFECT, I will follow u if u want...

Answer 1

Answer:

Heya Friend

Here's your answer

Ans = 1300 Rs.

Step-by-step explanation:

Investment in first company shares = 8000 Rs.

Dividend collected as declared by company @ 12% = 8000*12% = 960 Rs.

Investment in second company shares = 10000 Rs.

Dividend collected as declared by company @ 8% = 10000*8% = 800 Rs.

Loss in selling of first company shares @ 2% loss = 8000*2% = 160 Rs.

Loss in selling of second company shares @ 3% loss = 10000*3% = 300 Rs.

Gain in the transactions = Total dividend - total loss =

(960+800) - (160+300) = 1760 - 460 = 1300 Rs.

Ans = 1300 Rs.

Hope it helps

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