Math, asked by niturai167, 7 months ago

Market value of a share is Rs. 600. If the brokerage rate is 0.6% then find the purchase value of the share ? (Show answer with proper steps

Answers

Answered by saurabhsalil

3

Answer:

Purchase Price = 600

Brokerage = 600 x 0.6% = 3.6

value = 600 + 3.6 = 603.6

Step-by-step explanation:

Brokerage paid at the time of purchase is added to purchase price.

Brokerage paid at the time of sale is dedicted from the selling price

Brokerage is calculated on the transaction value.

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