Mr. Ravi sold `2,250 stock at 75 and bought stock at 88.5 with the proceeds. How much stock does
he buy if the brokerage is 2% for selling and 1.5% for buying
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Investment- 11000
n(shares)-100
Nominal Value (N.V)-100
Dividend (d)-75 per share

therefore the market value is rupees 110

And it is 10 rupees above par as shown above.
Let d% be x.
n(shares)-100
Nominal Value (N.V)-100
Dividend (d)-75 per share

therefore the market value is rupees 110

And it is 10 rupees above par as shown above.
Let d% be x.
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