A man invests Rs. 21,000 in shares of a compa | vedclass

Name: Exam Paper Generator | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

Question

(C) Total investment $(C.P.)$ $= ₹ 21,000$.$C.P.$ of one-third of the shares $= \frac{1}{3} 	imes 21,000 = ₹ 7,000$.$S.P.$ of one-third of the shares

Vedclass · Accepted Answer

No profit,no loss

Vedclass · Answer

(C) Total investment $(C.P.)$ $= ₹ 21,000$.$C.P.$ of one-third of the shares $= \frac{1}{3} 	imes 21,000 = ₹ 7,000$.$S.P.$ of one-third of the shares at $10\%$ profit $= 7,000 	imes (1 + \frac{10}{100}) = 7,000 	imes 1.1 = ₹ 7,700$.$C.P.$ of the remaining two-thirds of the shares $= 21,000 - 7,000 = ₹ 14,000$.$S.P.$ of the remaining two-thirds of the shares at $5\%$ loss $= 14,000 	imes (1 - \frac{5}{100}) = 14,000 	imes 0.95 = ₹ 13,300$.Total $S.P. = 7,700 + 13,300 = ₹ 21,000$.Since Total $S.P. = Total C.P. = ₹ 21,000$,there is no profit and no loss.

$A$ man invests $Rs. 21,000$ in shares of a company. He sells one-third of the total shares at a profit of $10\%$. However,he has to sell the remaining shares at a $5\%$ loss. Find his overall profit or loss percentage.

Similar Questions

$A$ person sells a colour $TV$ at $10\%$ below the cost price. Had he received $Rs. 1494$ more,he would have made a profit of $12 \frac{1}{2}\%$. What was the cost price of the colour $TV$ (in $Rs.$)?

$A$ rice trader buys $16$ quintals of rice for $Rs. 5632$. $20 \%$ of the rice is lost in transportation. At what rate should he sell the remaining rice to earn a $25 \%$ profit in $Rs.$ per quintal?

If a man reduces the selling price of a fan from $Rs. 400$ to $Rs. 380$,his loss increases by $2 \%$. The cost price of the fan is (in $Rs.$)

Arun buys one kilogram of apples for $Rs. 120$ and sells it to Swati gaining $25\%$. Swati sells it to Divya who again sells it for $Rs. 198$,making a profit of $10\%$. What is the profit percentage made by Swati (in $\%$)?

Kunal bought a suitcase with $15 \%$ discount on the labelled price. He sold the suitcase for $Rs. 2880$ with $20 \%$ profit on the labelled price. At what price did he buy the suitcase? (in $Rs.$)

Vedclass Test Series

Exam Paper Generator

Online Exam Module