Question

smt.anagha doshi purchased 22 shares of FV rs 100 for MV of 660find the sum invested .after taking 20 percent dividend ,she sold all the shares when MV was rs 650 .she paid 0.1 percent brokerage for each trading done find the percent of profit or loss in share trading.
(answer in nearest integer.)

Answer 1

Her total profit is 1.32% in share trading.

Step-by-step explanation:

Number of shares purchased = 22

Market Value of one share = 660 Rs.

Total value of shares = 660 × 22

                                   = 14,520

She paid brokerage = 0.1% of 14,520

                                  = 0.001 × 14,520

                                  = 14.52

Total sum invested = 14,520 + 14.52

                                = ₹ 14,534.52

Face Value of one share = ₹ 100

Face value of 22 shares = 100 × 22 = 2200

Rate of dividend = 20%

Her income from dividend = 20% × 2200

                                             = 0.20 × 2200

                                             = ₹ 440

She sold all the shares at Market Value = ₹650

Total value of her shares = 650 × 22

                                          = ₹ 14,300

paid brokerage = 14300 -(0.1% × 14300)

                          = 14300 - 14.30

                          = ₹ 14,285.70

Her income on total transaction = (14,285.70 + 440) - 14,534.52

                                                     = 14,725.70 - 14,534.52

                                                     = ₹ 191.18

Percent profit = $\frac{income}{investment}\times 100$

                       = $\frac{191.18}{14534.52}\times 100$

                       = 1.3153 ≈ 1.32%

Her total profit is 1.32% in share trading.

Learn more profit or loss in share trading : https://brainly.in/question/15643100