market value of share is rupee 200 if the brokerage rate is 0.3% then find the purchase value of the sharesolve

July 2023 1 3 Report

market value of share is rupee 200 if the brokerage rate is 0.3% then find the purchase value of the share

solve the sum in book
no Google answer

Answer:

Solution

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Correct option is A)

Market value of the share = Rs 200

Brokerage = 0.3% of Rs 200

100

0.3

∗200

∴ Purchase value of the share = MV + Brokerage

= Rs 200 + Rs 0.6 = Rs 200.60

Thus, the purchase value of the share is Rs 200.60.