Question: Mr. Rahim purchased one lot of shares (50 shares per lot) of company X for Tk. 5000 and sold 3/5th of it after its value doubled. He sold the remaining shares at a price 3 times higher than the original purchase price. What was his total profit?

Question 1: Mr. Rahim purchased one lot of shares (50 shares per lot) of company X for Tk. 5000 and sold 3/5th of it after its value doubled. He sold the remaining shares at a price 3 times higher than the original purchase price. What was his total profit?

View topic: শতকরা ও লাভ-ক্ষতি (Percentage and Profit and loss)

Tk. 5000

Tk. 5500

Tk. 6000

Tk. 7000

Source: Investment Corporation - Senior Officer - 21.01.2011

Answer: Tk. 7000

Explanation:

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