Chaitya sold Rs 100 shares at 10% discount and invested in 15% Rs 50 shares at Rs 33. Had he sold his shares at 10% premium instead of 10% discount, he would have earned Rs 450 more. Find the number of shares sold by him.

99 Shares

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100 Shares

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101 Shares

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98 Shares

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Solution

The correct option is A
99 Shares

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Q. Mr/ D'souza purchased

200

shares of

F V

R s .50

at a premium of

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. He received

50

% dividend on the shares. After receiving the dividend he sold

100

shares at a discount of

R s .10

and remaining shares were sold at premium of

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Chaitya sold Rs 100 shares at 10% discount and invested in 15% Rs 50 shares at Rs 33. Had he sold his shares at 10% premium instead of 10% discount, he would have earned Rs 450 more. Find the number of shares sold by him.

The correct option is A 99 Shares

The correct option is A
99 Shares