Stocks, Shares and Partnership Tricks and Formulas

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Stocks and Shares

  • Brokerage: The broker՚s charge is called brokerage.
  • When stock is purchased, brokerage is added to the cost price.
  • When the stock is sold, brokerage is subtracted from the selling price.
  • The selling price of a ₹ 100 stock is said to be:
    • at par, if S. P. is ₹ 100 exactly;
    • above par (or at premium) , if S. P. is more than ₹ 100;
    • below par (or at discount) , if S. P. is less than ₹ 100.
  • By ‘a ₹ 800,9 % stock at 95’ , we mean a stock whose face value is ₹ 800, annual Interest is 9 % of the face value and the market price of a ₹ 100 stock is ₹ 95.

Partnership

  • If a number of partners have invested ina business and it has a profit, then Share Of Partner Chain Rule
  • The cost of articles is directly proportional to the number of articles.
  • The work done is directly proportional to the number of men working at it.
  • The time (number of days) required to complete a job is inversely proportional to the number of hours per day allocated to the job.
  • Time taken to cover a distance is inversely proportional to the speed of the car.

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