Stocks and Shares Practice Test 2

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Question : 14 of 36

Marks: +1, -0

Sonu bought Rs. 3200 stock at par and sold out on its rising to

104 1/ 2

. Find her profit.

Rs. 100
Rs. 121
Rs. 140
Rs. 144

Solution:

Profit = Rs.

104 1 /2

- Rs.100 = Rs.

9/ 2

Profit on Rs. 3200 stock =

{9 ×3200}/{ 2× 100 }

= Rs. 144

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