Ranna buys Rs 100 shares of a company at Rs 90 and sells them when the price becomes Rs 30 below par. Find his loss if he invested Rs 4,050.

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Solution

No. of shares bought = Rs 4050 $\div$ 90 = 45
S.P. of 1 share = Rs (100 - 30) = Rs 70
S.P. of 45 shares = 70 $\times$ 45 = Rs 3,150
C.P. of 45 shares = Rs 4,050
Loss = Rs (4,050 - 3,150) = Rs 900

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Ranna buys Rs 100 shares of a company at Rs 90 and sells them when the price becomes Rs 30 below par. Find his loss if he invested Rs 4,050.

No. of shares bought = Rs 4050 ÷ 90 = 45 S.P. of 1 share = Rs (100 - 30) = Rs 70 S.P. of 45 shares = 70 × 45 = Rs 3,150 C.P. of 45 shares = Rs 4,050 Loss = Rs (4,050 - 3,150) = Rs 900

No. of shares bought = Rs 4050 $\div$ 90 = 45
S.P. of 1 share = Rs (100 - 30) = Rs 70
S.P. of 45 shares = 70 $\times$ 45 = Rs 3,150
C.P. of 45 shares = Rs 4,050
Loss = Rs (4,050 - 3,150) = Rs 900