Math, asked by tirupathilavshetty, 10 months ago

Shri Desai sold 100 shares at MV 150. (i) What is the total value
we shares? (ii) What brokerage is paid at 2% (iii) What GST:
paid on brokerage at the rate of 18% ? (iv) What amount did Shri
Desai receive?​

Answers

Answered by rakhi22o2
1

Answer:

i) 15000

ii) 300

iii) 54

iv) 14646

Answered by AditiHegde
8

Shri Desai sold 100 shares at MV 150.

Given,

Total number of shares sold = 100

Market value of each share = Rs. 150

(i) What is the total value  we shares?

100 × 150 = Rs. 15,000

(ii) What brokerage is paid at 2%

2% of Rs. 150 × 100

= 2/100 × 150 × 100

= 3  × 100

= Rs. 300

The brokerage for 1 share = Rs. 3

The brokerage for 100 shares = Rs. 300

(iii) What GST:  paid on brokerage at the rate of 18% ?

GST = 18% of Rs. 300

= 18/100 × 300

= Rs. 54

GST for 1 share = Rs. 0.54

GST for 100 shares = Rs. 54

(iv) What amount did Shri  Desai receive?​

Selling price of each share = MV - Brokerage - GST

= 150 - 3 - 0.54

= Rs. 146.46

Total amount received = No. of shares sold × Selling price of each share

= 100 × 146.46

= Rs. 14646.

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