If a client buys shares worth rs. 3,30,000 and sells shares worth rs. 5,70,000 through a broker, then the maximum brokerage payable to the broker is
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Answered by
3
Step-by-step explanation:
570000 - 330000 = 240000
Answered by
1
The maximum brokerage payable to the broker is Rs. 2,40,000.
Step-by-step explanation:
We have, A client buys shares worth =Rs.3,30,000 and
A client sells shares worth through a broker=Rs.5,70,000
To find, the maximum brokerage payable to the broker=?
∴ The maximum brokerage payable to the broker =
A client buys shares worth - A client sells shares worth through a broker
= Rs. 5,70,000 - Rs. 3,30,000
= Rs. 2,40,000
∴ The maximum brokerage payable to the broker = 2,40,000
Hence, the maximum brokerage payable to the broker is Rs. 2,40,000.
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