Sohan bought $3$ shares at Rs $10$ each and some more shares at Rs $5$ each. He sold all the shares at Rs $6$ each. His total profit was Rs $8$ . How many shares did he buy at Rs $5$ each?

10

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18

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20

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30

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Solution

The correct option is C $20$
$L e t t h e l e n g t h o f t h e s h a r e s b r o u g h t a t R s 5 b e x M o n e y s p e n t i n b u y i n g = 3 \times 10 + x \times 5 = 30 + 5 x, M o n e y e a r n e d i n s e l l i n g = 6 * (3 + x) = 18 + 6 x, p r o f i t = 8 = 18 + 6 x - 30 - 5 x, x = 20$

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Q. a) A person buys 120 shares at a nominal value of Rs 40 each, which he sells out at Rs 45 each. Find his profit and profit percent.

b) 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.

[6 MARKS]

Q. A person buys

120

shares at a nominal value of

R s . 40

each, which he sells at

R s . 42.50

each. Find his profit.

A person buys 120 shares at a nominal value of Rs 40 each, which he sells at Rs 42.50 each. Find his profit and profit percent.

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Sohan bought 3 shares at Rs 10 each and some more shares at Rs5 each. He sold all the shares at Rs 6 each. His total profit was Rs 8. How many shares did he buy at Rs 5 each?

The correct option is C 20LetthelengthofthesharesbroughtatRs5bexMoneyspentinbuying=3×10+x×5=30+5x,Moneyearnedinselling=6∗(3+x)=18+6x,profit=8=18+6x−30−5x,x=20

Sohan bought $3$ shares at Rs $10$ each and some more shares at Rs $5$ each. He sold all the shares at Rs $6$ each. His total profit was Rs $8$ . How many shares did he buy at Rs $5$ each?

The correct option is C $20$
$L e t t h e l e n g t h o f t h e s h a r e s b r o u g h t a t R s 5 b e x M o n e y s p e n t i n b u y i n g = 3 \times 10 + x \times 5 = 30 + 5 x, M o n e y e a r n e d i n s e l l i n g = 6 * (3 + x) = 18 + 6 x, p r o f i t = 8 = 18 + 6 x - 30 - 5 x, x = 20$