Question

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

Answer 1

Amount spent on the purchase of 40 shares =                                                                              = Rs.1800

Brokeage =

               = Rs. 36

Total Amount =Rs. (1800 + 36)

Hence,the total amount he spent = Rs. 1836

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