If D sold half of its shares at same rate so at what rate he must sell the remaining share to get no...........

Data Interpretation ( SBI PO) Case Studies

Direction: A, B, C, D and E are 5 stock investors. B purchased 2000 shares of reliance capital at 400. He seems market as a bearish and sold all his shares at 390 on next day. A, C and D bought 1000, 700 and 300 of these shares in quantity on the same day respectively. Now A and C sold 500 and 350 shares respectively on the same day and E purchased them at 395

Intraday ⇒ Buy and Sell shares on same day.

Delivery ⇒ Buy and Sell on different days.

Brokerage charges for Intraday for each transaction = 1%

Brokerage charges for Delivery for each transaction = 0.5%

If D sold half of its shares at same rate. so, at what rate he must sell the remaining share to get no profit no loss, if brokerage on selling of remaining shares is Rs. 4 per share? [All shares are sold on intraday]

This questions was previously asked in

SBI PO Mains (20 Jul, 2019)

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