The market price of share is Rs. 200 and the rate of brokerage is 0.3%.
Find the cost of one such share.
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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
Therefore, The cost of one such share is Rs.260
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