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Mr. Joshi purchased 250 shares of FV Rs ...

Mr. Joshi purchased 250 shares of FV Rs 100 for MV of Rs. 500. Find the sum ivested. After taking 40% dividend, he sold all the shares when market value was Rs 400. He paid 0.1% brokerage for each trading done. Find the percentage of profit or loss in the share trading.

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The correct Answer is:
Mr. Joshi incurred a loss of 12.17 % in this trading.
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