Mr. D'souza purchased 200 shares of FV50 at a premium oft 100 11.received 50% dividend on the shares. After receiving the dividend he sold 11shares at a dthe dividend he sold 10010 and remaining shares were sold at a premiumhe paid the brokerage of 20. Find whether Mriscount of

Mr. D'souza purchased 200 shares of FV50 at a premium oft 100 11.recei

1.	Mr. D'souza purchased 200 shares of FV50 at a premium oft 100 11.received 50% dividend on the shares. After receiving the dividend he sold 11shares at a dthe dividend he sold 10010 and remaining shares were sold at a premiumhe paid the brokerage of 20. Find whether Mriscount of
Answer» FV=₹50 and Premium=₹100MV=FV+premium=50 + 100=₹150No. of shares=200Purchase price of 200 shares=No. of shares×MV=150×200=₹30,000Brokerage=₹20Total investment=₹30000+₹20=₹30020Dividend=50%Dividend=Rate of dividend×FV=50% × 50₹25..Dividend on 200 shares=200×25=₹5000He sold 100 shares at a discount of ₹10.MV=FV- Discount =50-10₹40Selling price of 100 shares=No. of shares×MV=100×40₹4000Brokerage=₹20Amount received after selling 100 shares=selling price - brokerage=4000-20=₹3980Remaining 100 shares were sold at a premium of ₹75MV=FV +Premium₹50 + 75=₹125Selling price of 100 shares=No. of shares×MV₹\|00×125=₹12500Brokerage=₹20Amount received after selling remaining 100 shares=selling price- brokerage=12500-20=₹12480..Total amount received=5000+3980+12480=₹21460Total investment=₹30020Loss=Total investment-total amount received=₹30020-₹21460=₹8560.*. Mr D'souza incurred a loss of ₹8560.