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SUPPOSE SMT DESAI SOLD 1 SHARE
BROKERAGE =RATE OF BROKERAGE X MV
=0.2/100 X 50=RS 0.10
GST AT 18% ON BROKERAGE
=RATE OF GST X BROKERAGE
=18/100 X 0.10=RS 0.018
SELLING PRICE OF 1 SHARE
=MV - (BROKERAGE + GST)
=RS [50 - (0.10+0.118)
=RS(50 - 0.118)
=RS 49.882
IF SMT DESAI SOLD X SHARES, THEN SELLING PRICE=NUMBER OF SHARES X SELLING PRICE OF 1 SHARE
AMOUNT RECEIVED BY SMT DESAI=SELLING PRICE OF X SHARES
THUS 4988.20=X ^ 49.882
X=4988.20/49.882
=100
ANS=SMT DESAI SOLD 100 SHARES
HOPE IT HELPS.
SUPPOSE SMT DESAI SOLD 1 SHARE
BROKERAGE =RATE OF BROKERAGE X MV
=0.2/100 X 50=RS 0.10
GST AT 18% ON BROKERAGE
=RATE OF GST X BROKERAGE
=18/100 X 0.10=RS 0.018
SELLING PRICE OF 1 SHARE
=MV - (BROKERAGE + GST)
=RS [50 - (0.10+0.118)
=RS(50 - 0.118)
=RS 49.882
IF SMT DESAI SOLD X SHARES, THEN SELLING PRICE=NUMBER OF SHARES X SELLING PRICE OF 1 SHARE
AMOUNT RECEIVED BY SMT DESAI=SELLING PRICE OF X SHARES
THUS 4988.20=X ^ 49.882
X=4988.20/49.882
=100
ANS=SMT DESAI SOLD 100 SHARES
HOPE IT HELPS.
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