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प्रश्न
Mr. D'souza purchased 200 shares of FV ₹ 50 at a premium of ₹ 100. He received 50% dividend on the shares. After receiving the dividend he sold 100 shares at a discount of ₹ 10 and remaining shares were sold at a premium of ₹ 75. For each trade he paid the brokerage of ₹ 20. Find whether Mr. D'souza gained or incurred a loss? by how much?
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उत्तर
Number of shares purchased = 200 shares
FV of the share = ₹ 50
premium = ₹ 100
Rate of the dividend = 50%
Brokerage = ₹ 20
Cost (or MV) of each share = FV of each share + Premium
= ₹ 50 + ₹ 100
= ₹ 150
∴ Amount invested = Cost of each share × Number of shares purchased
= ₹ 150 × 200
= ₹ 30,000
Total investment = sum invested + brokerage
= ₹ 30,000 + 20
= ₹ 30,020
Total Dividend received = Number of shares purchased × Dividend received on each share
= 200 × \[\left( \frac{50}{100} \times 50 \right)\]
= ₹ 5,000
Shares is at discount = 10%
Market value = FV - Discount
= ₹ 50 - 10
= ₹ 40
The selling price of the share = No. of shares × Market value
= ₹ 40 × 100
= ₹ 4,000
The amount received after selling 100 shares = selling price of the share - Brokerage
= ₹ 4,000 - 20
= ₹ 3,980
Case II:
Remaining shares = 100
Shares is at premium = ₹ 75
FV of the shares = ₹ 50
MV of the shares = FV + Premium
= ₹ 50 + ₹ 75
= ₹ 125
∴ Selling price of 100 shares at a premium of ₹ 75
= ₹ 125 × 100
= ₹ 12,500
The amount received after selling 100 shared = selling price of the share - Brokerage
= ₹ 12,500 - ₹ 20
= ₹ 12,480
The total amount Mr Dssouza received = Dividend + Amount received by the case (II) + Amount received by the case (II)
= ₹ 5,000 + ₹ 3,980 + ₹ 12,480
= ₹ 21, 460
Total Investment Mr. D'souza = ₹ 30,020
Total investment is less than the total amount received
∴ Loss = Total Investment - Amount received
= ₹ 30,020 - ₹ 21,460
= ₹ 8,560
Thus, Mr. D'souza incurred a loss of ₹ 8,560.
APPEARS IN
संबंधित प्रश्न
A share is sold for the market value of Rs 1000. Brokerage is paid at the rate of 0.1%. What is the amount received after the sale?
Fill in the blanks given in the contract note of sale-purchase of shares.
(B - buy S - sell)
|
No. of
shares
|
MV of
shares
|
Total
value
|
Brokerage
0.2%
|
9% CGST
on
brokerage
|
9% SGST
on
brokerage
|
Total
value of
shares
|
| 100 B | Rs 45 | |||||
| 75 S | Rs 200 |
Smt. Desai sold shares of face value Rs 100 when the market value was Rs 50 and received Rs 4988.20. She paid brokerage 0.2% and GST on brokerage 18%, then how many shares did she sell ?
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What is brokerage in the context of share transactions?
On which amount is brokerage always calculated?
Which formula gives the brokerage when the rate of brokerage and Market Value are known?
If GST on brokerage is included while purchasing shares, the Total Purchase Cost equals:
When shares are sold without considering GST, the Selling Price is given by:
If GST on brokerage is included while selling shares, the Net Sale Proceeds equals:
Nalinitai invested ₹6024 in shares of FV ₹10 when the Market Value was ₹60, paying 0.4% brokerage at purchase. What is the brokerage per share?
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