Re: ::: vuaskari.com ::: BAHRAIN

there is mistake in calculations

On 10/29/11, mc110404078 Asad Akhtar <mc110404078@vu.edu.pk> wrote:
> I am doing MBA EX 2 Year . I am from Qatar..
>
> On Sat, Oct 29, 2011 at 12:47 PM, mc110402334 Jamil Ahmad <
> mc110402334@vu.edu.pk> wrote:
>
>> IS THERE ANYBODY DOING MBA-EX 2 YRS PROGRAM FROM BAHRAIN.
>>
>> On Sat, Oct 29, 2011 at 10:50 AM, mc110402630 Haroon Hafeez <
>> mc110402630@vu.edu.pk> wrote:
>>
>>> please send the solution to the other questions also
>>>
>>> On Thu, Oct 27, 2011 at 12:38 PM, MUHAMMAD SARIM <sarim.sarwar@gmail.com
>>> > wrote:
>>>
>>>> *Question No. 1:*
>>>>
>>>>
>>>> A company bought shares at Rs. per share and sold them after year
>>>> atRs.
>>>> . With a commission rate of buying and selling the stock. What is its
>>>> return on investment?
>>>>
>>>>
>>>>
>>>>
>>>>
>>>> Solution:
>>>>
>>>> * *
>>>>
>>>> *Bought*
>>>>
>>>>
>>>>
>>>> 1000 shares at Rs. 56.27 = 56,270
>>>>
>>>> Commission at 1.2% = 675.24
>>>>
>>>> Total Costs = 56,270 + 675.24 = 56,945.24
>>>>
>>>>
>>>>
>>>> Sold
>>>>
>>>>
>>>>
>>>> 1000 shares at Rs. 65.25 = 65,250
>>>>
>>>> Commission at 1.2% = 783
>>>>
>>>> Total Sale = 65,250 – 783 = 64,467
>>>>
>>>>
>>>>
>>>> Gain
>>>>
>>>>
>>>>
>>>> Net receipts = 64,467
>>>>
>>>> Total cost = 56,270
>>>>
>>>> (((((((((Net Gain = 64,467 – 56,270 = 8,197))))))))))))))
>>>>
>>>>((((((((((( Dividends (1000*10/10) = 1,000)))))))))))))0
>>>>
>>>> Total Gain = 8,197 + 1,000 = 9,197
>>>>
>>>> Return on investment = 9,197 / 56,945.24 * 100
>>>> Return on investment = 16.15%
>>>>
>>>> --
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>>>
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>>>
>>
>> --
>> We say, "Be one as Pakistani Nation and grow up for Pakistan's Future".
>> Wish you all the best. Join www.vuaskari.com,
>> To post to this group, send email to vuaskari_com@googlegroups.com
>> Visit these groups:
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>> MIT/MCS Group: http://groups.google.com/group/vu_askarimit?hl=en?hl=en
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>> Banking Group: http://groups.google.com/group/askari_banking?hl=en?hl=en
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>> Marketing: https://groups.google.com/group/vuaskari_mkt?hl=en
>> MIS Group: http://groups.google.com/group/askari_mis?hl=en
>>
>
> --
> We say, "Be one as Pakistani Nation and grow up for Pakistan's Future". Wish
> you all the best. Join www.vuaskari.com,
> To post to this group, send email to vuaskari_com@googlegroups.com
> Visit these groups:
> This (Main) Group:http://groups.google.com/group/vuaskari_com?hl=en?hl=en
> MIT/MCS Group: http://groups.google.com/group/vu_askarimit?hl=en?hl=en
> HRM Group: http://groups.google.com/group/askari_hrm?hl=en?hl=en
> Banking Group: http://groups.google.com/group/askari_banking?hl=en?hl=en
> Management: https://groups.google.com/group/vuaskari_mgt?hl=en
> Marketing: https://groups.google.com/group/vuaskari_mkt?hl=en
> MIS Group: http://groups.google.com/group/askari_mis?hl=en
>

--
We say, "Be one as Pakistani Nation and grow up for Pakistan's Future". Wish you all the best. Join www.vuaskari.com,
To post to this group, send email to vuaskari_com@googlegroups.com
Visit these groups:
This (Main) Group:http://groups.google.com/group/vuaskari_com?hl=en?hl=en
MIT/MCS Group: http://groups.google.com/group/vu_askarimit?hl=en?hl=en
HRM Group: http://groups.google.com/group/askari_hrm?hl=en?hl=en
Banking Group: http://groups.google.com/group/askari_banking?hl=en?hl=en
Management: https://groups.google.com/group/vuaskari_mgt?hl=en
Marketing: https://groups.google.com/group/vuaskari_mkt?hl=en
MIS Group: http://groups.google.com/group/askari_mis?hl=en