Mr. Kumar invests Rs 16000 in buying Rs 100 shares at Rs 20 below par. He sold some shares at a premium of Rs 60 to get Rs 9600 and the rest at the market value of Rs 60. Find his profit or loss percent in the transaction.

Mr. Kumar invests Rs 16000 in buying Rs 100 shares at Rs 20 below par.

1.	Mr. Kumar invests Rs 16000 in buying Rs 100 shares at Rs 20 below par. He sold some shares at a premium of Rs 60 to get Rs 9600 and the rest at the market value of Rs 60. Find his profit or loss percent in the transaction.
Answer» 2 BILLION DOLLARS............. PLEASE

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Mr. Kumar invests Rs 16000 in buying Rs 100 shares at Rs 20 below par. He sold some shares at a premium of Rs 60 to get Rs 9600 and the rest at the market value of Rs 60. Find his profit or loss percent in the transaction.

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