Q. 64.2( 28 Votes )

Smt. Mita Agrawal

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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