Business Studies, asked by souravmanhas40, 1 month ago

Find the investment required to get an income of Rs. 1938 from 9 stock at 90. (Brokerage
1%)

Answers

Answered by llDashinGLoverll
7

Answer:

Given that :- Brokerage = 1% $ 90 = $ 0.90

∴ Investment needed to buy $ 100 stock

= $ 90.90 on which the income is $ 9%

For income of $ 91/2 , the investment = $ 90.90

For income of $ 1938, the investment

= $ 90.90 x 2 x 1938 = $ 18543.60 .

19

Answered by mrnickname50
3

Here you Go ! Plz mark brainlist !!

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