Sail E0 Webinar
Question


If the overall profit was Rs.6 per share, then the profit earned per share by selling Reliance share is:


Options:
A .   Rs. 5.5
B .   Rs. 4
C .   Rs. 3.5
D .   Rs. 2.25
E .   Rs 3
Answer: Option A
:
A

Let the total number of shares for the month of August 2007 be x and the total profit earned in that month be Rs. Y. 


The Overall profit =y/x = Rs. 6 per share.


We need to find the profit earned by selling one share of Reliance


i.e. profit share earned by selling reliance shares/Number of shares of reliance


= If The Overall Profit Was Rs.6 Per Share, Then The Profit Ea...= Rs.5.46 Hence (a).


Alternately:


Let the number of shares be 100, hence the total profit is Rs. 600


From the chart, the number of shares of Reliance= 35


profit % from Relaince=32% of 600


Profit /Share= (32% of 600)/35 = 5.5



Was this answer helpful ?
Next Question

Submit Solution

Your email address will not be published. Required fields are marked *

More Questions on This Topic :


Latest Videos

Latest Test Papers