3) Market value of a share is Rs200. If the brokerage rate is 0.3%. Find value of 125 shares.
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Step-by-step explanation:
rate of brokerage. = MV × brokerage
- = 200 × 0•3. ÷ 100
- = 0•6
amt invested for.= 200 +. 0•6
= 200•6
for 125 shares = 200•6 × 125
= 25075
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