Question

The market price of each share of DCM is Rs 79. Ahmed wants to purchase 200
shares of the company. Find the amount he will have to pay if the brokerage is
Re 1 per share.​

Answer 1

Step-by-step explanation:

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Answer:

The cost of one such share is Rs.260

Step-by-step explanation:

Given : The market price of share is Rs. 200 and the rate of brokerage is 0.3%.

To find : The cost of one such share?

Solution :

The formula to find the cost of one share is,

Price of the share = price per share + brokerage fee

Brokerage fee :

Price of the share = 200+ 60

Price of the share =Rs. 260