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Mr. D'souza purchased 200 shares of FV 5...

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?

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The correct Answer is:
`therefore` Mr. D'souza incurred a loss of 8560.
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