Question

Rohit purchased 300 shares of face value Rs.10 at Rs.5 premium. He had to pay 0.5% brokerage.How much total amount did he spend

Answer 1

Answer:4522.5

Step-by-step explanation:mv=fv+premium=10+5=15

The total amt. Of purchase=15×300=4500

Brokerage of the transection=4500×0.5\100=22.5

*Total amt.=amt.of purchase+brokerage=4500+22.5=4522.5

Answer 2

Answer:

hope u see it help full

Step-by-step explanation:

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