Answer :

Amount Invested = Rs. 10,200

Market value when purchased = Rs. 100

Rate of Brokerage = 0.1%

Brokerage when purchased =

Brokerage when purchased =

Brokerage when sold =

Brokerage when sold for first 60 shares =

Brokerage when remaining shares are sold =

No. of shares Purchased =

No. of shares sold when M.V. is Rs. 125 = 60

No. of shares sold when M.V. is Rs. 90 = (102-60) = 42

Total amount returned = (60× 125) + (42× 90) = Rs. 11,280

Total brokerage paid = (0.1×102) + (0.125×60) + (0.09×42) = Rs. 21.48

Total profit = ( Total amount returned- Amount Invested- Total brokerage paid) = Rs. 1058.52

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