Say suppose I have sold 1 lakh Rs shares and I have 10k profile on that.
I know I will get 80% i.e. 80k immediately that I can use the same day and the remaining 20k the next day.
But what about the profit? when do I get the 10k? same day or the next day?
The way I understand.
You sold shares costing 1 lack at 1.10 lack.
You say you will get 80% immediately which will be 80% of 1.10 lacks. The balance 20% of 1.10 lack you will get the next day.
I think I will get the 10k profit the next day and 80k today and the remaining 20k the next day so overall 30k next day.
The light’s on, but no one’s home
If u know the answer, answer else keep quiet. You are being rude to most of the posts for no reason. If u think you are too smart and intelligent, help others gain the knowledge else don’t speak.
The answer has already been provided to you in the thread, but yet !
Query regarding Profit earned after selling shares - #2 by neha1101?