bashikiran purchased 100 shares of MV rupees 40 brokerage paid at the rate of 0.5 % GST on brokerage is 18% find the total amount he paid for the share purchase
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bashikiran purchased 100 shares of MV rupees 40 brokerage paid at the rate of 0.5 % GST on brokerage is 18% find the total amount he paid for the share
purchase :
___________________________________
bashikiran purchased shares :
no. of shares :
100
market value :
40 rs
brokerage :
0.5 %
rate of GST :
18 %
___________________________________
amount needed for buying 100 shares :
no. of shares × market value
100 × 40
4,000 rs
____________________________________
brokerage paid :
0.5 % of amount of purchase
0.5 % of 4,000
____________________________________
GST on brokerage :
18 % of brokerage :
____________________________________
total amount paid for purchasing of 100 shares :
amount + brokerage + GST
4,000 + 20 + 3.6 RS
4,023.6 RS
___________________________________
THANKA..... ^_^
___________________________________
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