Menu
Popular Courses
Search
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 Comment/FeedBack

Your email address will not be published.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

More Questions on This Topic :


Share this page with your friends!

Latest Videos

Chapter 1 - GLOBAL STEEL SCENARIO & INDI Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)
Direction Sense Test Part 1 Reasoning (Hindi)
Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE
Cube & Cuboid Part 1 Reasoning (Hindi)
Data Interpretation (DI) Basic Concept Reasoning (Hindi)
Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)
Real Numbers Part 7 Class 10 Maths
Real Numbers Part 1 Class 10 Maths
Polynomials Part 1 Class 10 Maths

Latest Test Papers

Chapter 3.1 : Overview of Finance & Acco Chapter 3 : Finance & Accounts SAIL E0 - GFM 2024
Chapter 2.1 : Overview Chapter 2 : Materials Management SAIL E0 - GFM 2024
Chapter 1.1 : Personnel Functions- An ov Chapter 1 : Personnel Management SAIL E0 - GFM 2024
GPOE / GPA Combined 1 Free CBT Mock Test SAIL E0 2024
CBT Mixed Test 1 GPOE/GPA SAIL E0 2024