5. A man invests 800 in buying 5 shares andwhen they are selling at a

1.	5. A man invests 800 in buying 5 shares andwhen they are selling at a premium of 1.15,he sells all the shares. Find his profit and
Answer» Investment or Total Cost Price : Rs. 800Cost Price of one share (CP) : Rs. 5Selling price of one share(SP) : CP+Premium = 5 + 1.5 = Rs. 6.15 No. of shares = Investment/Cost price of one share = 800/5 = 160 Total Selling Price = 160* 6.15 = Rs.984 Profit = Total CP - Total SP = Rs. 984 - Rs. 800 = Rs 184 Profit% = (Profit/CP100) = (184/800)100 = 23% ∴ Profit = Rs 184 and Profit% = 23% thx

5. A man invests 800 in buying 5 shares andwhen they are selling at a premium of 1.15,he sells all the shares. Find his profit and

Answer»

Investment or Total Cost Price : Rs. 800Cost Price of one share (CP) : Rs. 5Selling price of one share(SP) : CP+Premium = 5 + 1.5 = Rs. 6.15

No. of shares = Investment/Cost price of one share = 800/5 = 160

Total Selling Price = 160* 6.15 = Rs.984

Profit = Total CP - Total SP = Rs. 984 - Rs. 800 = Rs 184

Profit% = (Profit/CP*100) = (184/800)*100 = 23%

∴ Profit = Rs 184 and Profit% = 23%

thx