Question

Mr. Mahajan purchased 40 shares of FV Rs. 100 and MV Rs. 45. He paid 2% brokerage.
Find the total amount he spent.
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Answer 1

Answer:

₹ 1836

Step-by-step explanation:

Investment = MV × No.shares

= 40 × 45

= ₹ 1800

Brokerage = 2 × 1800

100

= ₹ 36

Investment = 1800 + 36

= ₹ 1836

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