Mr/ D'souza purchased $200$ shares of $F V$ $R s .50$ at a premium of $R s .100$ . 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 $R s .75$ . For each trade he paid the brokerage of $R s .20$ . Find whether Mr. D'souza gained or incurred a loss? By how much?

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Solution

$F V .50 P$
premium $= 100 P$
$∴ m v = F V + p r e m i u m$
$= 50 + 100$
$= 150 R s$
No of shares $= 200$
Total investment = No of shares $\times m v$
$= 200 \times 150$
$= R s 30, 000$
Dividend $50 % F V R s 50$
dividend per share $= \frac{50}{100} \times 50 = 25$

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