InterviewSolution
| 1. |
12500 Shares, Of Par Value Rs. 20 Each, Are Purchased From Ram By Mohan At A Price Of Rs. 25 Each. If Mohan Further Sells The Shares At A Premium Of Rs. 11 Each, Find His Gain In The Transaction? |
|
Answer» Face value of each share = Rs.20 Market value of each share = Rs.25 Number of shares = 12500 Amount REQUIRED to purchase the shares = 12500 × 25 = 312500 MOHAN further sells the shares at a premium of Rs. 11 each ie, Mohan further sells the shares at Rs.(20+11) = Rs.31 per share total amount he gets by SELLING all the shares = 12500 × 31 = 387500 His gain = 387500 - 312500 = Rs.75000. Face value of each share = Rs.20 Market value of each share = Rs.25 Number of shares = 12500 Amount required to purchase the shares = 12500 × 25 = 312500 Mohan further sells the shares at a premium of Rs. 11 each ie, Mohan further sells the shares at Rs.(20+11) = Rs.31 per share total amount he gets by selling all the shares = 12500 × 31 = 387500 His gain = 387500 - 312500 = Rs.75000. |
|