A share is sold for the market value of 1000 ruppes. brokerage is paid at the rate of 0.1%. what is the amount received after the sale?
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∴ Selling price of the share = MV − Brokerage = Rs 1,000 − Re 1 = Rs 999
Thus, the amount received after the sale is Rs 999.
0.1/100×1000= Re 1
∴ Selling price of the share = MV − Brokerage = Rs 1,000 − Re 1 = Rs 999
Thus, the amount received after the sale is Rs 999.
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