A man invests $₹ 800$ in buying $₹ 5$ shares and when they are selling at a premium of $₹ 1.15,$ he sells all the shares. Find his profit and profit percent.

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Solution

Step 1: Calculate the profit

Nominal value of 1 share $= ₹ 5$

Market value of 1 share $= ₹ 5 + ₹ 1.15 = ₹ 6.15$

Total money invested $= ₹ 800$

The number of shares purchased $= \frac{800}{5} = 160$

Market value of $160$ shares $= 160 \times ₹ 6.15 = ₹ 984$

Thus, his profit $= ₹ 984 - ₹ 800 = ₹ 184$

Step 2: Calculate profit percent

$Profit percent = \frac{P r o f i t}{N o m i n a l v a l u e} \times 100$

$= \frac{184}{800} \times 100$

$= 23 %$

Hence, the profit earned is $₹ 184$ and profit percent is $23 % .$

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Q. A man invests Rs. 800 in buying Rs. 5 shares and when they are selling at a premium of Rs. 1.15, he sells all the shares. Find his profit.

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120

shares at a nominal value of

₹ 40

each, which he sells at

₹ 42.50

each. Find his profit and profit percent.

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Profit and Loss

Standard VIII Mathematics

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A man invests ₹800 in buying ₹5 shares and when they are selling at a premium of ₹1.15, he sells all the shares. Find his profit and profit percent.

A man invests $₹ 800$ in buying $₹ 5$ shares and when they are selling at a premium of $₹ 1.15,$ he sells all the shares. Find his profit and profit percent.