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# . A person invests Rs. 4368 and buys certain hundred-rupee shares at 91. He sells out shares worth Rs. 2400 when they have t risen to 95 and the remainder when they have fallen to 85. Find the gain or loss on the total transaction.

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question from the book -ML aggarwal( avichal publication)class 10th , chapter3, shares and dividends ……..

we have given that A person invests Rs. 4368 and buys certain hundred-rupee shares at 91.
He sells out shares worth Rs. 2400 when they have t risen to 95
and the remainder when they have fallen to 85.
then explain how the gain or loss on the total transaction be found out.
if there is any specific formula. do mention that .
thankyou

Q no. 26, exercise 3, ML Publication, share and dividends

Share

1. investd= 4368

per share=91

no. of share=4368/91=48

when rate is 95 per share , he sold =24 shares

he got =24*95=2280

remaining shares= 48-24=24 shares

when shares arre 85/share then he sells 24 shares,

so he gets 24*85=2040

he invested (total)=4368

he got back =2040+2280=4320

loss=rs.48

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