Advertisements
Advertisements
प्रश्न
Ashutosh invested Rs 58,500 in buying shares of Rs 150 each of 'Van Chemicals', when it was available in the market at a premium of 30%. He sells one third of them at a market rate of Rs 215, one third of them at a market rate of Rs 195 and the rest at Rs 175. Find his loss or gain from the transaction.
Advertisements
उत्तर
Investment by Ashutosh =Rs 58,500
Price at which Ashutosh purchased one share =
Rs ( 150 + 30°/o of Rs 150) =Rs (150 + 45) =Rs 195
No. of shares purchased by Ashutosh = `58500/195`= 300
Shares sold at Rs 215 = 1/3 x 300 = 100
Selling price of 100 shares at Rs 215
= Rs ( 100 x 215) = Rs 21,500 ........... (i)
Shares sold at Rs 195 = 1/3 x 300 = 100
Selling price of 100 shares at Rs 175
=Rs (100 x 175) =Rs 17,500 ........... (iii)
Adding ( i), (ii) and (iii), gives total money Ashutosh received by selling his shares
=Rs (21,500 + 19,500 + 17,500) =Rs 58,500
Difference in selling price and cost price= Rs (58,500 -58,500)
=Rs 0.
Hence, Ashutosh sold his shares at no loss or no gain.
APPEARS IN
संबंधित प्रश्न
Peter invests Rs. 5,625 in a company paying 7% per annum when a share of Rs. 10 stands from Rs. 12.50. Find Peter’s income from this investment.
If he sells 60% of these shares from Rs. 10 each, find his gain or loss in this transaction.
Anu has 750 shares of Rs 60 each of 'Tata Infotech' paying 15% dividend. Find her net income after paying 6% income tax.
Karan buys 125 shares of Rs 100 each of 'Reliance Technologies Ltd.' which pays a dividend of 6%. He buys them at such a price that he gets 4% of his money. At what price did Karan buy the share?
Archana bought 250 shares of Rs 50 each of 'Indal' paying 12% of dividend. She bought them at such a price that she gets 15% return on her investment. At what share did she buy the shares?
Which among these is a better investment:
18% at 120 or 22% at 150
Amitesh had 400 shares of Rs 100 each of 'Telco' paying a dividend of 12.5%. He sold them at a market price of Rs 125 and invested the proceeds in Rs 50 shares of 'Adani Motors' available in the market at Rs 80 and paying a dividend of 16%. How many shares of Adani Motors did Amitesh buy and what is the change in his annual income?
Gayathri wants to have a monthly income of Rs 500.For this she purchased Rs 75 shares of 'V.G.Electronics' paying 20% dividend. How many shares did Gayathri purchased and what is her investment if the market price of the share is Rs 62.50?
Payal had Rs 125 shares of 'Asian Chemicals' paying 12% dividend. She sold them at Rs 150 and invested the proceeds in Rs 50 shares of 'Saras Chemicals' at Rs 40 and paying 10% dividend. She thus increased her income by Rs 825. Find the number of shares of 'Asian chemicals' that Payal sold.
Ananth had Rs 50 shares of 'Esco' paying 6% dividend. He sold them at a market price of Rs 80 and invested the proceeds in buying Rs 100 shares of 'Y2K Software' at Rs 150 and paying 11% dividend. He thus increased his annual income by Rs 2,150. How many shares of 'Esco' did he sell?
Which in better investment: 7% Rs. 100 shares at Rs.120 or 8% Rs. 10 shares at Rs. 13.50.
