Answer

Verified

384.3k+ views

**Hint:**Here we need to find the total gain or loss in this transition. First, we will find the number of shares she holds. Then we will calculate the actual investment amount and then using this, we will calculate the brokerage charge. From the given dividend rate we will calculate the total dividend earned. At last we will calculate the total loss using all these data.

**Complete step-by-step answer:**It is given that:

Investment amount \[ = {\rm{Rs}}\,6024\]

Future value of the share \[ = {\rm{Rs}}\,10\]

Market value (MV) \[ = {\rm{Rs}}\,60\]

Now, we will calculate the number of shares she holds, which is equal to the ratio of the investment amount to the market value.

Therefore,

Number of shares \[ = \dfrac{{6024}}{{60}}\]

On further simplification, we get

\[ \Rightarrow \] Number of shares \[ = 100.4 \approx 100\]

We know that the actual investment amount is equal to the product of market value and number of shares. Therefore,

Actual investment amount \[ = 60 \times 100 = Rs\,6000\]

As we know that she paid \[0.4\% \] brokerage at each stage of transitions

Now, we will calculate the beverage charge.

Beverage charge \[ = 6000 \times 0.4\% \]

On further simplification, we get

\[ \Rightarrow \] Beverage charge \[ = 6000 \times \dfrac{{0.4}}{{100}} = {\rm{Rs}}\,24\]

The total investment value including brokerage is equal to the sum of the beverage charge and the actual investment amount.

Total investment value including brokerage \[6000 + 24 = {\rm{Rs}}6024\]

As she sold her share at a MV of \[{\rm{Rs}}\,50\].

Therefore,

The sell value \[ = 100 \times 50 = {\rm{Rs}}\,5000\]

Now, we will again calculate the brokerage charge which will be equal to the sell value and the percent paid on brokerage.

Brokerage charge \[ = 5000 \times 0.4\% \]

On further simplification, we get

\[ \Rightarrow \] Beverage charge \[ = 5000 \times \dfrac{{0.4}}{{100}} = {\rm{Rs}}\,20\]

So, the total return after paying brokerage will be equal to the difference between the beverage charge and the sell value.

Total return after paying brokerage \[ = 5000 - 20 = {\rm{Rs}}\,4980\]

Now, we will calculate the total face value of the shares and this will be equal to the product of number of shares and the face value of the shares.

Total face value of the shares \[ = 100 \times 10 = {\rm{Rs}}\,1000\]

As the rate of dividend \[ = 60\% \]

Therefore, total dividend earned will be equal to the product of total face value and the rate of dividend.

Total dividend earned \[ = 60\% \times 1000\]

On further simplification, we get

\[ \Rightarrow \] Total dividend earned \[ = \dfrac{{60}}{{100}} \times 1000 = {\rm{Rs}}\,600\]

Total return will be equal to the sum of the total return after paying beverage and the total dividend sum.

Total return \[ = 4980 + 600 = {\rm{Rs}}\,5580\]

Thus, the total loss occurs equal to the difference of the total investment and the total return.

Total loss \[ = 6024 - 5580 = {\rm{Rs}}\,444\]

**Hence, the total loss is equal to Rs 444.**

**Note:**Here, we need to note that if the market value is greater than the face value, then the share is at a premium. If the market value is less than the face value, then the share is at discount. If the market value is equal to the face value, then the share is at par. The dividend is defined as the profit received by the shareholder of a company. The shareholders only get a part of the profit and not the entire profit.

Recently Updated Pages

The base of a right prism is a pentagon whose sides class 10 maths CBSE

A die is thrown Find the probability that the number class 10 maths CBSE

A mans age is six times the age of his son In six years class 10 maths CBSE

A started a business with Rs 21000 and is joined afterwards class 10 maths CBSE

Aasifbhai bought a refrigerator at Rs 10000 After some class 10 maths CBSE

Give a brief history of the mathematician Pythagoras class 10 maths CBSE

Trending doubts

Difference Between Plant Cell and Animal Cell

Give 10 examples for herbs , shrubs , climbers , creepers

Difference between Prokaryotic cell and Eukaryotic class 11 biology CBSE

Fill the blanks with the suitable prepositions 1 The class 9 english CBSE

Name 10 Living and Non living things class 9 biology CBSE

Select the word that is correctly spelled a Twelveth class 10 english CBSE

Change the following sentences into negative and interrogative class 10 english CBSE

Write a letter to the principal requesting him to grant class 10 english CBSE

Write the 6 fundamental rights of India and explain in detail