Question

Shruti invested Rs 6024 in share of Fv 10 when MV is 60 She sold all The shares at MV Of 50 after Taking 60% dividend She paid 0.4% Brokerage At each Stage Of transitions What was total gain or loss in this transition <br />pls ans I mrk you as BL

Answer 1

Answer:

Step-by-step explanation:

Investment Amount = Rs 6024

Face value (FV) of the share = 10

Market Value (MV)=60

No of share she hold = $=\frac{6024}{60}=100.4=100$

Actual investment amount = $60\times100=6000$

Brokerage charge = $6000\times\frac{0.4}{100} =24$

Total investment value including brokerage= 6000+24=Rs 6024

She sold her share at a MV of Rs. 50

Sell value =$100\times50=5000$

Brokerage charge = $5000\times\frac{0.4}{100} =20$

Total return after paying brokerage = 5000-20=Rs 4980

Total FV of shares$=100\times10=1000$

Rate of dividend = 60%

Therefore total dividend earn=$=1000\times\frac{60}{100}=600$

$\text{Total return}=\text{Total return after paying brokerage}+\text{Total dividend earn}\\\\\text{Total return}=4980+600=5580$

$\therefore\text{the total loss}=(6024-5580)=444$

The total loss = Rs 444.00