On Thu, Oct 27, 2011 at 7:18 AM, mc110403546 Aamir Shahzad Malik <mc110403546@vu.edu.pk> wrote:
Dear Sarim please recheck the ans coz the net gain i think should be taken by subtracting total cost from total sale. but u. please revisit--On Thu, Oct 27, 2011 at 5:17 PM, mc110403396 Roomizah Rabail <mc110403396@vu.edu.pk> wrote:
WHAT ABT THE REMAINING TWO???:(
On Thu, Oct 27, 2011 at 4:29 PM, Zoha Malik <zoha.malik32@yahoo.com> wrote:
plz send me the solution of cs101.
From: MUHAMMAD SARIM <sarim.sarwar@gmail.com>
To: vuaskari_com@googlegroups.com
Sent: Thursday, 27 October 2011 12:38 AM
Subject: ::: vuaskari.com ::: mth302 1Question solved
Question No. 1:
A company bought
shares at Rs.
per share and sold them after
year at Rs.
. With a
commission rate of buying and selling the stock. What is its return on investment?
Solution:
Bought
1000 shares at Rs. 56.27 = 56,270
Commission at 1.2% = 675.24
Total Costs = 56,270 + 675.24 = 56,945.24
Sold
1000 shares at Rs. 65.25 = 65,250
Commission at 1.2% = 783
Total Sale = 65,250 – 783 = 64,467
Gain
Net receipts = 64,467
Total cost = 56,270
Net Gain = 64,467 – 56,270 = 8,197
Dividends (1000*10/10) = 1,000
Total Gain = 8,197 + 1,000 = 9,197
Return on investment = 9,197 / 56,945.24 * 100
Return on investment = 16.15% --
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