Suppose if the face value of the sh
is L100 and market value is L150. Le
the rate of brokerage be 0.5%. Wm..
amount should one pay for
purchasing 100 such shares? What
amount should one receive after
selling 100 such shares?
Answers
Answered by
2
Step-by-step explanation:
I think this is the answer
Attachments:
Answered by
0
Answer:
Step-by-step explanation:
Given: face value =Rs 100
Market value = Rs 150
Rate of brokerage =0.5%
No.of shares =100
Brokerage pershare=0.5% of Rs 150
= O.5/100×150
=Rs 0.75
Total investment =M.V×No.of shares
=150×100
=Rs 15000
Selling price per share =M.V-Brokerage
=150-0.75
=Rs 149.25
Similar questions