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
A man bought Rs. 40 shares at a discount of 40%. Find his income, if he invests Rs. 12,000 in these shares and receives a dividend at the rate of 11% on the face value of the shares.
A company gives x% dividend on its Rs. 60 shares, whereas the return on the investment in these shares is (x + 3) %. If the market value of each share is Rs. 50, find the value of x.
Tarun invested Rs 24,000 and Rs 30,000 in buying Rs 100 at par shares of 'Vam Organics' and 'Hero Honda' which later declared dividend of 12% and 15% respectively. After collecting the dividends Tarun sold the shares as their prices had fallen by Rs 5 and Rs 10 respectively. Find Tarun's earnings from the above transactions.
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?
Which among these is a better investment:
18% at 120 or 22% at 150
Which among these is a better investment:
12.5% at 125 or 7.5% at 80
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?
Pramod wants to invest Rs 35,000 in shares such that the percentage return on his investment is `8 1/7 %`. He invested Rs 6,000 in 6 % Rs 50 shares of 'Lakme' at Rs 40, Rs 15,000 in 8 % Rs 100 shares of 'Volta' at Rs 125 and the remaining in 12 % shares of 'BPL'. At what rate did he buy the 'BPL' shares?
Which in better investment: 7% Rs. 100 shares at Rs.120 or 8% Rs. 10 shares at Rs. 13.50.
Mamta invested Rs. 10,846 in buying the shares of a company at Rs. 17 each. If the face value of each share be? 10 and company paid 15% dividend at the end of the year, find the dividend earned by her.
