Question

Shri Patil purchased 140 shares of a company at MV Rs. 1150. FV of the share is Rs. 100. Brokerage Is paid at 0.3% and GST on brokerage is 18%. Find
1)the total value of the shares.
2)the brokerage paid
3)GST paid on brokerage
Total investment for purchasing shares.

Answer 1

$\huge\boxed{\boxed{Question}}$

Shri Patil purchased 140 shares of a company at MV Rs. 1150. FV of the share is Rs. 100. Brokerage Is paid at 0.3% and GST on brokerage is 18%. Find

1)the total value of the shares.

2)the brokerage paid

3)GST paid on brokerage

Total investment for purchasing shares.

$\huge\mathbb\blue{Solution}$

MV = Rs 1150, Number of shares 140

1) Total value of shares = MV * Number of shares

= 1150 * 140

= Rs. 1,61,000.

2) The rate of brokerage = 0.3

brokerage paid = total value * rate of braokerage

= 161000 * 0.03 / 100 = Rs 483

.

3) GST on brokerage = brokerage amount * rate of GST

= 483 * 18 / 100 = Rs 86.94

4) Total investment for purchasing 140 shares

= total value of shares + brokerage shares

= Rs. (161000 + 483 + 86.94)

= Rs. 161569.94

Ans. (1) Rs 1,61,000

(2)Rs 483

(3)Rs 86.94

(4)Rs 1,61,569.94

$</strong><strong>\</strong><strong>bf{</strong><strong>\</strong><strong>underline{</strong><strong>\</strong><strong>underline{</strong><strong>\</strong><strong>red{</strong><strong>MuskaŊ</strong><strong>}</strong><strong>}</strong><strong>}</strong><strong>}</strong><strong>$

Answer 2

Answer:

Shri Patil purchased 140 shares of a company at MV Rs. 1150. FV of the share is Rs. 100. Brokerage Is paid at 0.3% and GST on brokerage is 18%. Find

1)the total value of the shares.

2)the brokerage paid

3)GST paid on brokerage

Total investment for purchasing shares.

\huge\mathbb\blue{Solution}Solution

MV = Rs 1150, Number of shares 140

1) Total value of shares = MV * Number of shares

= 1150 * 140

= Rs. 1,61,000.

2) The rate of brokerage = 0.3

brokerage paid = total value * rate of braokerage

= 161000 * 0.03 / 100 = Rs 483

.

3) GST on brokerage = brokerage amount * rate of GST

= 483 * 18 / 100 = Rs 86.94

4) Total investment for purchasing 140 shares

= total value of shares + brokerage shares

= Rs. (161000 + 483 + 86.94)

= Rs. 161569.94

Ans. (1) Rs 1,61,000

(2)Rs 483

(3)Rs 86.94

(4)Rs 1,61,569.94