Question

Naval paid * 1000 to buy 40 shares. What is the
MV of the share, if he paid * 1.50 as brokerage
per share?​

Answer 1

Answer:

sum invested =number of share mv

1000=40mv

=25mv

brokeage paid 1.50 as per share

=mv-brokeage

=25-1.50

=23.50