Math, asked by rutikakadam2005, 11 months ago

find the purchase of price of a share of rupees 100 if it is at a premium of rupees 30 the rate of brokerages is 0.3 % ​

Answers

Answered by acharyasidhartha46
0

Answer:

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Answered by BRAINLYBOT1020
2

\huge  \bigstar \huge\bold{\mathtt{\purple{A{\pink{N{\green{S{\blue{W{\red{E{\orange{R}}}}}}}}}}}}}\huge \Rightarrow

  \bold\red {Given}\Rightarrow

FV = Face value = 100

Premium = 30

Rate of brokerage = 0.3%

MV = Market price = ?

( We have to find the purchase price of the share)

 \Large \bold \orange{Solution}\Rightarrow

The brokerage is paid on the MV of the share.

MV = FV + Premium

MV = ₹ (100+30) = ₹130

The rate of brokerage is 0.3%

The brokerage on MV rupees 130 \large \Rightarrow

= ₹130  \frac{0.3\%}{100} = ₹0.39

The purchase price of a share

= MV + Brokerage

= ₹ (130 + 0.39)

= ₹ 130.39

 \large \bold \purple{Ans}\Rightarrow

The purchase price of a share is 130.39 .

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