Smt. Anagha Doshi purchased 22 shares ofFV Rs 100 for MV of Rs 660. Find the sum invested .After taking 20percent dividend,she sold all the shares when MV was Rs650. She paid 0.1 percent brokerage for each trading done find the percent of profit or loss in the share tranding.(write your answer to the nearest integer)
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SOLUTION.
NO. OF SHARES=22
FV=₹200
MV=₹660
SUM INVESTED=MV*NO.OF SHARES
=660*22
=₹14,520
NOW,
RATE OF DIVIDEND=20%
.*. DIVIDEND= 20÷100*14520
.*. DIVDEND= ₹1904
SHE SOLD ALL THE SHARES AT ₹650
.*. SHE SOLD=PROFIT INCOME=22*650=₹14,520
RATE OF BROKERAGE=0.1%
.*. BROKERAGE=0.1÷100* 14520
.*. BROKERAGE= ₹1452
.*. TOTAL INCOME SHE GOT AFTER SELLING= BROKERAGE+PROFIT INCOME=₹1452+₹14520=₹15970
THEREFORE,IT IS PROFIT...
NO. OF SHARES=22
FV=₹200
MV=₹660
SUM INVESTED=MV*NO.OF SHARES
=660*22
=₹14,520
NOW,
RATE OF DIVIDEND=20%
.*. DIVIDEND= 20÷100*14520
.*. DIVDEND= ₹1904
SHE SOLD ALL THE SHARES AT ₹650
.*. SHE SOLD=PROFIT INCOME=22*650=₹14,520
RATE OF BROKERAGE=0.1%
.*. BROKERAGE=0.1÷100* 14520
.*. BROKERAGE= ₹1452
.*. TOTAL INCOME SHE GOT AFTER SELLING= BROKERAGE+PROFIT INCOME=₹1452+₹14520=₹15970
THEREFORE,IT IS PROFIT...
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