Shri patil purchased 140 shares of the company at MV 1150. FV of the share is 100 .brokerage is paid at 0.3% and GST on brokerage is 18%.
Answers
Answered by
17
NUMBER OF SHARES = 140
MV OF EACH SHARE = 1150
COST OF 140 SHARE = 140 × 1150 = 161,000
BROKERAGE = 0.3% OF 161,000 = 483
GST = 18% OF 483 = 18/100 × 483 = 86.94
TOTAL AMOUNT PAID = 161000 + 483 + 86.94 = 161,569.94
Answered by
1
Answer:
Step-by-step explanation:
Similar questions