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200Q.5. Solve the following questions. (Any one)(1) Mr. Godfrey invested 5010 in a share ofき100 at MV 50. If he paid 0.2% brokerage,4 Marksthen find the number of shares he bought.

Answer»

Total Investment = 5010

MV Of Each Share = RS.50

Let number Of Shares = n

MV of N Shares = 50n

Brokerage = 0.2% OF 50n = 0.2/100 × 50n = n/10

Total Investment = 50n+ n/10

501n/10 = 5010

n = 50100/501 = 100

Number of shares he Bought = 100



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