A trader bought 150 shares of the company XYZ on opening price of Tuesday and sold 40 these shares o...........

Quantitative Aptitude (SBI-PO) Bar Graph

Direction () : Study the following information carefully and answer the given questions.
The following chart shows the opening, closing, high and low price of a share of a company XYZ on given 5 days-Monday, Tuesday, Wednesday, Thursday and Friday.
Opening and closing price of the shares of the company XYZ are represented by ceiling and floor of the black box and floor and ceiling of the white box respectively.
The high and low price of the share of the company XYZ are represented by ceiling and floor of the line respectively.
For example: On Monday, opening price = 60, closing price = 52, high price = 66 and low price = 40

A trader, bought 150 shares of the company XYZ on opening price of Tuesday and sold 40% these shares on highest price of the share on Thursday and rest on opening price of Friday. Rate of commission while buying the shares is Flat Rs. 200 and while selling it is 8% of the selling price, then what is the total loss incurred by the trader in this transaction?

Rs. 488

Rs. 542

Rs. 552

Rs. 826

None of these

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Explanation:

Total cost price of shares = 150 × 40 = Rs. 6000
Total commission while buying = Rs. 200
Total selling price = 40% of 150 × 50 + 60% of 150 × 35 = 3000 + 3150 = Rs. 6150
Total commission while selling = 8% of 6150 = Rs. 492
Hence, the total loss incurred by trader = 6000 + 200 + 492 – 6150 = Rs. 542.