What is the brokerage at 2% on a share of MV
Rs.120
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Step-by-step explanation:
Brokerage=2%
MV =₹120
Brokerage=MV ☓ rate of brokerage
=120 ☓ 2
100
Brokerage = ₹2.4
Purchase price of share =120+2.4
=122.4
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