Question

ritesh bought hundred shares for rupees 12024 and paid 0.2 % brokerage .find the cost of one share

Answer 1

$Rs 120.48048$

Step-by-step explanation:

given,cost of 100 shares is  Rs12024 and cost  of brokerage is .2%

so,cost of 1 share is =cost of hundred share/number of share

$=12024/100$

$=Rs120.24$

brokerage charge of 1 share is=cost of 1 share×.2%of brokerage

$=120.24\times .2%$%

$=120.24\times .2/100$

brokerage cost

$=Rs.24048$

Total cost of 1 share=bought cost+brokerage cost

$=120.24+.24048$

$=Rs120.48048$