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

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

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Answers

Kaushalborkar52 · Helping Hand

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Msuryawanahi9 Helping Hand

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

.300face value..
premium =5
0.5 brokage
10=face value
thus, mv= fv +premium =10+5=15
brokege =
$15 \times 0.5 \div 100 = 0.075$
thus,the total value he spend is