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A person buys 120 shares at a nominal value of Rs. 40 each, which he sells at Rs. 42.50 each. Find his profit and profit percent. - Mathematics

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प्रश्न

A person buys 120 shares at a nominal value of Rs. 40 each, which he sells at Rs. 42.50 each. Find his profit and profit percent.

योग

उत्तर

Nominal value of 120 shares = Rs. 40 × 120 = Rs. 4,800

Market value of 120 shares = Rs. 42.50 × 120 = Rs. 5,100

His profit = Rs. 5,100 – Rs. 4,800 = Rs. 300

Profit = `300/4800 × 100%` = 6.25%

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अध्याय 3: Shares and Dividend - Exercise 3 (A) [पृष्ठ २९]

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सेलिना Mathematics [English] Class 10 ICSE
अध्याय 3 Shares and Dividend
Exercise 3 (A) | Q 3 | पृष्ठ २९

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