Home
Class 10
MATHS
What amount is received by selling 150 s...

What amount is received by selling 150 shares of FV Rupees 100 at a premium of Rupees 20? Brokerage is paid at the rate of 0.3 %.

Text Solution

Verified by Experts

The correct Answer is:
The amount received `:` Rupees 17,946
Promotional Banner

Topper's Solved these Questions

  • FINANCIAL PLANNING

    NAVNEET PUBLICATION - MAHARASHTRA BOARD|Exercise ASSIGNEMENT 4.4|4 Videos

  • FINANCIAL PLANNING

    NAVNEET PUBLICATION - MAHARASHTRA BOARD|Exercise ASSIGNMENT 4.2|4 Videos

  • COORDINATE GEOMETRY

    NAVNEET PUBLICATION - MAHARASHTRA BOARD|Exercise Assignment 6.5|13 Videos

  • GEOMETRIC CONSTRUCTIONS

    NAVNEET PUBLICATION - MAHARASHTRA BOARD|Exercise CHALLENGING QUESTION|4 Videos

Similar Questions

Explore conceptually related problems

What amount is received by selling 5 shares of FV Rupees 100 at MV Rupees 75 ?

Example based on approximation : Mukesh purchased shares of FV Rupees 10 when MP was Rupees 125. Brokerage was paid at the rate of 0.23 %. Find the brokerage ( a) with approximation (b) without approximation per share. Hence find the difference in the purchase price of 1000 shares.

Asim invested Rupees 13,750 to buy shares of FV Rupees 100 at a premium of Rupees 25. How many shares did he buy ?

Find the purchase price of a share of FV 100 if it is at premium of 30. The brokerage rate is 0.3%.

Shri aditya sanghavi invested Rs 50118 in shares of FV Rs 100 when the market value was Rs 50 The rate of brokerage is 0.2 % and the rate of GST on brokerage is 18 % How many shares were purchased for Rs 50118 ?

Mr D' Souza purchased 200 shares of FV Rs 50 at a premium of Rs 100 He reacived 50 % divided on the shares after receiveing the divident he sold 100 shares at a discount of Rs 10 and the remaining shares were sold at premium of Rs 75 for each trade he paid the brokerage of Rs 20 find wheter Mr D'Souza or incurred a loss ? By how much ?

Smita invested Rupees 12,000 to purchase shares of FV Rupess 10at a premium of Rupees 2. Find the number of shares she purchased. Completed the given activity to get the answer

FV of a share is Rupees 100 and MV is Rupees 150. What brokerage of 0.5% is to be given per share ?

A shae broker received a brokerage Rupees 5000. He paid Rupees 900 as GST on brokerage. What is the rate of GST ?

Mr. D'souza purchased 200 shares of FV 50 at a premium of 100. He received 50% dividend on the shares. After receiving the dividend he sold 100 shares at a discount of 10 and remaining shares were sold at a premium of 75. For each trade he paid the brokerage of 20. Find whether Mr. D'souza gained or incurred a loss? By how much?