Question

Mr. mahajan purchased 40 shares of FV ₹ 100 .he paid 2% brokerage.find the total amount he spent​

Answer 1

Answer:

$102

Step-by-step explanation:

100%=$100

102%==?

100×102/100=

$102

Answer 2

Total amount spent by Mr. Mahajan is "₹1836".

Step-by-step explanation:

Given,

Number of shares = 40

Face value = ₹ 100

Market value = ₹ 45

Brokerage paid = 2%

To find, the total amount he spent​ = ?

Amount spent = number of shares x market value

= 40 x 45 = 1800

He paid 2 % brokerage so

= $\dfrac{2}{100}$ x 1800

= 2 × 18 = 36 Rs

He paid 36 Rs. for brokerage.

Now,

Total amount = Amount spent + Brokerage

= 1800 + 36 = 1836 ₹

Hence, the total amount spent by Mr. Mahajan is "₹1836".

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