InterviewSolution
Saved Bookmarks
| 1. |
An Investor Purchased Shares Of Stock At A Certain Price. If The Stock Increased In Price Rs 0.25 Per Share And The Total Increase For The X Shares Was Rs 12.50, How Many Shares Of Stock Had Been Purchased? |
|
Answer»
be the COST of each SHARE and x is the no of shares c.p. = x Rs. for x shares If 0.25 Rs. is increased in each share Then (1+.25) x = 12.50+x 1.25x = 12.50+x 0.25x =12.50 x = 12.50/0.25 => x =50 Therefore number of shares=50. Let 1 Rs. be the cost of each share and x is the no of shares c.p. = x Rs. for x shares If 0.25 Rs. is increased in each share Then (1+.25) x = 12.50+x 1.25x = 12.50+x 0.25x =12.50 x = 12.50/0.25 => x =50 Therefore number of shares=50. |
|