Home/ Questions/Q 466566
Next
In Process
Aayushman Munaf Tak
Asked: 2022-11-08T00:52:17+05:30 In:

Praveen made aninverstment of Rs. 54,000 in 10 %, Rs. 100 shares at Rs. 90, while Vijay made an investment of Rs. 60,000 in 8%, Rs. 150 shares at Rs. 120. If both of them sold their shares at the end of the year for Rs. 110 each, then their individual earnings are ________. respectively.
A. Rs. 12,000 and Rs. 12,000
B. Rs. 18,000 and Rs. 1000
C. Rs. 12,000 and Rs. 1000
D. Rs. 18,000 and Rs. 1200

Praveen made aninverstment of Rs. 54,000 in 10 %, Rs. 100 shares at Rs. 90, while Vijay made an investment of Rs. 60,000 in 8%, Rs. 150 shares at Rs. 120. If both of them sold their shares at the end of the year for Rs. 110 each, then their individual earnings are ________. respectively.
A. Rs. 12,000 and Rs. 12,000
B. Rs. 18,000 and Rs. 1000
C. Rs. 12,000 and Rs. 1000
D. Rs. 18,000 and Rs. 1200
Parabola
Leave an answer

Leave an answer

Browse

1 Answer

  1. Correct Answer – B
    (i) Find the dividends received by two persons.
    (ii) Number of shares `=(“Total investment”)/(“MV of each share”)`.
    (iii) Find their dividends by using `FV` and rate of dividend.
    (iv) Find their profit/loss obtained by selling each at Rs. 110.

    • 0