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Study Stuff for MCA Examinations - NIMCET
Study Stuff for MCA Examinations - NIMCET
Previous Year Question (PYQs)
Aryan bought 100 shares of a company
at Rs. 50 per share. He paid a brokerage fee of 2% on the purchase. Later, he
sold all the shares at Rs. 55 per share and paid a brokerage fee of 2% on the sale.
What is Aryan’s net profit percentage on his investment?
Solution
Share Market Math: Net Profit with Brokerage
Buying:
- 100 shares at ₹50 each = ₹5,000
- Brokerage (2%) = ₹100
- Total Cost Price = ₹5,100
Selling:
- 100 shares at ₹55 each = ₹5,500
- Brokerage (2%) = ₹110
- Net Selling Price = ₹5,390
Profit:
- Profit = ₹5,390 − ₹5,100 = ₹290
- Profit % = (290 / 5100) × 100 ≈ 5.69%
✅ Final Answer: Net profit percentage is 5.69%
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