Question

A share is sold for the market value of rupees 1000. Brokerage is paid at the rate of 0.1%. What is the amount received after the sale ? Solve the word problem

Answer 1

Answer:

the amount received after the sale = Rs 999

Step-by-step explanation:

market value of Share =  rupees 1000

Number fo Share Sold = 1

Share Selling Value = 1 * 1000 = Rs 1000

Brokerage Paid = (0.1/100) * 1000 = Rs 1

Amount Received = 1000 - 1 = Rs 999

the amount received after the sale = Rs 999