TDS- INTEREST ON BANK DEPOSITS

Jun 28th, 2015
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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?

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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?Answer: shares at Rs.56.27 = 56270Commission at 1.2% = 56270*1.2/100 = 675.24Total cost = 56270+ 675.24 = 56945.24Sold:1000 shares at Rs. = 65250Commission at 1.2% = 65250*1.2/100= 783Total Sale = 65250- 783 = 64467GainNet receipts = 64467Total cost = 56945.24Net Gain = 64467 - 56945.24 = 7521.76Return on investment = 7521.76/56945.24*100= 13.20% Solution S = Money accrued a

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