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.

A ₹8,750 and 7.25%
B ₹8,000 and 5.25%
C ₹7,750 and 3.33%
D ₹11,750 and 17.25%
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