3. Mr Mahajan purchased 100 shares, each of
FV 100 when the MV was 45. Brokerage
was paid at 0.2% and GST on brokerage 18%.
Find the amount he spent.
Answers
Answered by
4
Answer:
₹ 4510.62
Step-by-step explanation:
Investment = No. shares × MV
= 100 × 45
= ₹ 4500
Brokerage = 0.2 × 4500
100
= 45 × 0.2
= ₹ 9
GST = 18 × 9
100
= 0.18 × 9
= ₹ 1.62
He spent = 4500 + 9 + 1.62
= ₹ 4510.62
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