Question

$\huge\tt\red{Ouestion:-}$

Sneha invested Rs.75,000 in equity shares of Rs. 10 F.V. and market value of Rs. 85 each After receiving 15% dividend she sold all the shares at Rs.70 each. She paid brokerage of 1.5% on both the transaction. Find her profit or loss. ​

Answer 1

Answer:

Here's ur Answer Mate:-

Sneha invested Rs.75,000

MV= 85 Rs

Brokerage of 1.5%= [1.5/100] 85 = 1.275 Rs

Shares brought = 75000/ [85+1.275] = 869.313

15% dividend on FV10 = [15/100] 10 = Rs1.5

Dividend = 869.313 x 1.5 = 1,303.97 Rs

Sold for Rs 70

Brokerage paid = 1.5% = [1.5/100] 70 = 1.05 Rs

Recieved per share = 70 - 1.05 = 68.95 Rs

Shares sold for = 869.313 x 68.95 = 59,939.14 Rs.

1,303.97 + 59,939.14 = 61,243.11 Rs

Loss = 75,000 - 61,243.11 = 13,756.89 Rs

Hope it helps uh!

Answer 2

Sneha invested Rs.75,000

MV= 85 Rs

MV= 85 RsBrokerage of 1.5%= [1.5/100] 85 = 1.275 Rs

Shares brought = 75000/ [85+1.275] = 869.313

15% dividend on FV10 = [15/100] 10 = Rs1.5

Dividend = 869.313 x 1.5 = 1,303.97 Rs

Sold for Rs 70

Brokerage paid = 1.5% = [1.5/100] 70 = 1.05 Rs

RsRecieved per share = 70 - 1.05 = 68.95 Rs

Shares sold for = 869.313 x 68.95 = 59,939.14 Rs.

1,303.97 + 59,939.14 = 61,243.11 Rs

Loss = 75,000 - 61,243.11 = 13,756.89 Rs

Be Brainly☃️