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Options
-
Short term gain of Rs. 85,000
Correct answer
- B
Short term gain of Rs. 1,25,000
- C
Short term loss of Rs. 85,000
- D
Short term loss of Rs. 1,25,000
Why this is the answer
After adjusting for bonus shares, the total sale proceeds minus the initial purchase cost yields a profit of Rs. 85,000, categorized as short-term due to holding period.
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