top button
Flag Notify
    Connect to us
      Facebook Login
      Site Registration

Facebook Login
Site Registration

How much money did the investor gain or lose?

+1 vote
18 views

An investor trading through a discount stock broker that charges $10.00 Dollars per transaction bought 200 shares of Vola Tile Corporation at $50.00 Dollars per share.
The stock quickly increased in value by 50%, but then lost 40% of its value.
The investor sold the stock.
How much money did the investor gain or lose?

posted May 20 by Sidharth Malhotra

Share this puzzle
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

Cost = 200×50 + 10 = $10010
Amount after 50% hike = 10000×1.5 = $15000
Amount after 40% drop = 15000×0.6 = $9000
Final amount after selling = 9000 - 10 = $8990
So he lost 10010 - 8990 = $1020.

answer May 20 by Tejas Naik



Similar Puzzles
0 votes

My friend collects postage stamps. She purchased two, but found that she needed to raise money urgently. So she sold them for INR 8000 each. On one she made 20% and on the other she lost 20%.

How much did she gain or lose in the entire transaction?

0 votes

A man walked to a store with a fake 1000 note.
He changed the note to two 500 notes from the sales attendant.
He later went back to the attendant to pay for a 300 worth of goods
using one of the 500, and collected 200.
How much did the store lose?

0 votes

A man walked to a store with a fake N1000 note. He changed the note to two N500 notes from the sales attendant. He later went back to the attendant to pay for a N300 worth of goods using one of the N500, and collected N200. How much did the store lose?

+1 vote

Your Rs. 500 fell out from your pocket and someone picked it,
The Person who picked it happens to owe you Rs. 100,
So, The Person paid you the Rs. 100 with the Rs. 500 and
You gave him back a change Of Rs. 400.

How Much Did You Lose in Total?

0 votes

A Lady (L) bought an item of Rs 100 from the Shopkeeper (C). She paid him through a 500 Rs Note. Realizing that he did not have change, the shopkeeper (C) got change for that note from another Shopkeeper (S) and paid Rs 400 to the Lady. After a few days, Shopkeeper (S) realized that the note is fake, and this railed at Shopkeeper (C) and took 500 Rs back from him.
So in this whole process how much money did Shopkeeper (C) loose in the end?

Contact Us
+91 9880187415
sales@queryhome.net
support@queryhome.net
#280, 3rd floor, 5th Main
6th Sector, HSR Layout
Bangalore-560102
Karnataka INDIA.
QUERY HOME
...