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.)
No. of shares = 22
Face Value = Rs. 100
Market Value when purchased = Rs. 660
Market Value when sold = Rs. 650
Rate of brokerage = 0.1 %
Brokerage paid when purchased = ![]()
Brokerage paid when purchased = ![]()
Brokerage paid when sold = ![]()
Brokerage paid when sold = ![]()
Total value of purchase = (660 + 0.66)× 22 = Rs. 14534.52
Total value of sell = (650-0.66)× 22 = Rs. 14285.48
Loss in share selling = ( Total value of purchase- Total value of sell) = Rs. 249.04
Rate of Dividend = 20%
Dividend = ![]()
⇒ Dividend = ![]()
Total dividend = (20× 22) = Rs. 440
Overall profit in the trade = ( Total dividend- Loss in share selling) = Rs. 190.96
Profit percent = ![]()
⇒ Profit percent = ![]()
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