Question

market value of shares rupees 200. if the brokerage rate is 0.3 % find the process value of the share ​

Answer 1

Answer:

Answer : Rs. 200.60

Step-by-step explanation:

Solution :

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