Mr Kiran sold shares of rupees 30350 purchase shares of rupees 16000 650 in a day. He paid brokerage @ 0.1% on the sale and purchase 18% GST was stars and find its total expenditure on brokerage and tax
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Answer:
Step-by-step explanation:
Share purchase of 16000650
Brokerage on it =0.1%
=0.1÷100×16000650
=16000.65
GST on Brokerage =
18%
=18÷100×16000.65
=2880.177
Hence
expenditure on brokerage
=16000.65
expenditure on tax
=2880.177
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