Q9 of 55 Page 111

Shri. Batliwala sold shares of Rs. 30,350 and purchased shares of Rs. 69,650 in a day. He paid brokerage at the rate of 0.1% on sale and purchase. 18% GST was charged on brokerage. Find his total expenditure on brokerage and tax.

Selling Price = Rs. 30,350


Rate of brokerage = 0.1%


Brokerage when sold =


Purchase price = Rs. 69,650


Brokerage when purchased =


Total Brokerage = Rs.100


Rate of GST = 18%


Total GST =


Total expenditure on Brokerage and GST = (100 + 18) = Rs. 118


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Market value of shares and dividend declared by the two companies is given below. Face Value is same and it is Rs. 100 for both the shares. Investment in which company is more profitable?

(1) Company A - Rs. 132 , 12%


(2) Company B - Rs. 144, 16%

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Shri. Aditya Sanghavi invested Rs. 50,118 in shares of FV Rs. 100, when the market value is Rs. 50. Rate of brokerage is 0.2% and Rate of GST on brokerage is 18%, then How many shares were purchased for Rs. 50,118?

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Smt. Aruna Thakkar purchased 100 shares of FV 100 when the MV is Rs. 1200. She paid brokerage at the rate of 0.3% and 18% GST on brokerage.

Find the following -


(1) Net amount paid for 100 shares.


(2) Brokerage paid on sum invested.


(3) GST paid on brokerage.


(4) Total amount paid for 100 shares.

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Smt. Anagha Doshi purchased 22 shares of FV Rs. 100 for Market Value of Rs. 660. Find the sum invested. After taking 20% dividend, she sold all the shares when market value was Rs. 650. She paid 0.1% brokerage for each trading done. Find the percent of profit or loss in the share trading. (Write your answer to the nearest integer.)