Mathematics
A person invests ₹4368 and buys certain hundred-rupee shares at ₹91. He sells out shares worth ₹2400 when they have risen to ₹95 and the remainder when they have fallen to ₹85. Find the gain or loss on the total transaction.
Related Questions
A man invests ₹10080 in 6% hundred-rupee shares at ₹112. Find his annual income. When the shares fall to ₹96 he sells out the shares and invests the proceeds in 10% ten-rupee shares at ₹8. Find the change in his annual income.
Sachin invests ₹8500 in 10% ₹100 shares at ₹170. He sells the shares when the price of each share rises by ₹30. He invests the proceeds in 12% ₹100 shares at ₹125. Find
(i) the sale proceeds.
(ii) the number of ₹125 shares he buys.
(iii) the change in his annual income.
By purchasing ₹50 gas shares for ₹80 each, a man gets 4% profit on his investment. What rate percent is company paying? What is his dividend if he buys 200 shares?
₹100 shares of a company are sold at a discount of ₹20. If the return on the investment is 15%. Find the rate of dividend declared.