Question

Market value of a share is 200. If the brokerage rate is 0.3%, then find the purchase
value of the share.​

Answer 1

the purchase value of the share is rupees 200. 60

Step-by-step explanation:

MV=$200, brokerage=0.3%

brokerage per share=rate of brokerage×MV

=0.3/100×200=$0.3×2=$0.60

purchase value of a share=MV+brokerage

=$(200+0.60)

= $200.60

Answer 2

Answer:

Step-by-step explanation:

GIVEN

Market Value (MV) = Rs. 200

Brokerage = 0.3 %

Brokerage per share = Rate of Brokerage × MV

                                    = 0.3/100 × 200

                                    = 0.3 × 2

                                    = Rs. 0.60

Now,

Purchase value of the share = MV + Brokerage

                                                  = Rs. ( 200 + 0.60 )

                                                  = Rs. 200.60

Hence,

Purchase value of the share is Rs. 200.60

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