200 shares are sold for market value 800 .Brokerage is paid at 0.1% What is the amount received ?
Answers
Answered by
0
Step-by-step explanation:
sum invested = 800×200=160000
brokerage= 0.1÷100×200
brokerage = 0.2
Amount received = 160000- 0.2
Rs 159999.8
Answered by
1
Answer:
value of brokerag = value of shares X rate of brokerag
= 800 X 0.1
= 0.8
Amount recieved = value of brokerag - value of shares
= 800 - 0.8
= 800 - 799.2
Amount received = 799.2
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