हिंदी

Mahesh Bought 600 Shares of Rs 50 Each of 'Excel Computers'. He Sold One Third of Them When They Were at a Premium of Rs 20 and the Remaining When They Were at a Discount of Rs 5 - Mathematics

Advertisements
Advertisements

प्रश्न

Mahesh bought 600 shares of Rs 50 each of 'Excel Computers'. He sold one third of them when they were at a premium of Rs 20 and the remaining when they were at a discount of Rs 5. Find his gain or loss in the transaction.

योग

उत्तर

No. of shares = 600

Nominal value of a share =Rs 50

Investment by Mahesh =Rs (50 x 600) =Rs 30,000 

Shares sold at premium = `1/3` x 600 = 200 

Market value ofa share with Premium= Rs (50 + 20) =Rs 70 

Value of 200 shares= Rs (70 x 200) =Rs 14,000 ............ (i) 

Shares sold at discount= 600 - 200 = 400 

Market value of a share with discount = Rs ( 50 - 5) = Rs 45 

Value of400 shares= Rs (45 x 400) =Rs 18,000 ............ (ii) 

Adding ( i) and (ii), gives total money Mahesh received by selling his shares = Rs ( 14,000 + 18,000) = Rs 32,000

Difference in selling price and cost price =Rs (32,000 -30,000) =Rs 2,000

Hence, Mahesh gained Rs 2,000 

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 4: Shares and Dividends - Exercise 4.1 [पृष्ठ ६१]

APPEARS IN

फ्रैंक Mathematics - Part 2 [English] Class 10 ICSE
अध्याय 4 Shares and Dividends
Exercise 4.1 | Q 7 | पृष्ठ ६१

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

How much should a man invest in Rs. 50 shares selling at Rs. 60 to obtain an income of Rs. 450, if the rate of dividend declared is 10%. Also find his yield percent, to the nearest whole number.


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.


Divya invested Rs 50,000 in buying shares of Rs 125 each of 'Hitech Technologies'. She sold half of them when they were at a premium of 24% and the remaining half when they were at a discount of 20%. Find her gain or loss in the transaction.


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.


Akanksha invested 15%, 25% and 35% of her savings in buying shares of 'Infosys', 'Wipro' and 'Reliance' which declared dividends of 16%, 18% and 20% respectively. If her total income from dividends is Rs 52,125, find her savings and the amount invested in each company.


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


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.


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.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×