Question
A trader buys 500 shares of a company at ₹240 each. He
pays a 0.5% brokerage on the purchase. After two months, he sells all shares at ₹260 each, paying 0.5% brokerage on the sale. Find his net profit and percentage return on the total investment.Solution
ATQ,
Buying cost: Price per share = ₹240 Brokerage = 0.5% of 240 = 1.2 Total cost per share = 240 + 1.2 = 241.2 Total investment = 500 × 241.2 = ₹120,600 Selling proceeds: Selling price per share = ₹260 Brokerage = 0.5% of 260 = 1.3 Net sale price per share = 260 − 1.3 = 258.7 Total sale proceeds = 500 × 258.7 = ₹129,350 Profit: Profit = 129,350 − 120,600 = ₹8,750 Percentage return = (8750 / 120,600) × 100 = 7.25% Hence, Net Profit = ₹8,750 and Percentage Return = 7.25%
- Anita bought a pair of shoes for Rs. 750, but had to sell them for Rs. 600. Find the percentage loss incurred.
Determine the value of [(sin7x - sin5x) ÷ (cos7x + cos5x)] - [(cos6x - cos4x) ÷ (sin6x + sin4x)]?
- The present ages of Priya and Tina are in the ratio 2:5, respectively. Eight years hence, the ratio of their ages will become 5:11. Find the present age of...
The angle of elevation of a tower from a certain point of bus stand is 30°. When a man walks 5m ahead in the direction of the tower, the angle of el...
The speed ratio of A to B is 4:3. C covers 840 km in 14 hours. If B's speed is 20% lower than C's speed, how much time will A need to cover 512 km?
- Suppose 6A = 8B = 15C, then find the value of (A:B:C) .
- The product of two decimals is 0.675. If one of the decimals is 2.5, then find the other decimal.
- The product of two consecutive even integers is 960. Find the product of digits of the bigger number.
Determine the co-ordinates of the point where the line through the points A (3, 4, 1) and B (5, 1, 6) crosses the XY- plane?
- A cyclist rode for 4 hours at a constant speed of 'x' km/h and then for 6 hours at a speed of (x - 10) km/h. If his average speed during the entire journey...
