Question

If GST on brokerage is included while purchasing shares, the Total Purchase Cost equals:

पर्याय

• \[ \text{Total Purchase Cost} = \text{Market Value} + \text{Brokerage} - \text{GST on Brokerage} \]

• \[ \text{Total Purchase Cost} = \text{Market Value} - \text{Brokerage} + \text{GST on Brokerage} \]

• \[ \text{Total Purchase Cost} = \text{Market Value} + \text{Brokerage} + \text{GST on Brokerage} \]

• \[ \text{Total Purchase Cost} = \text{Market Value} - \text{Brokerage} - \text{GST on Brokerage} \]

Answer 1

On purchase, both brokerage and the GST charged on brokerage are added to the market value: \[ \text{Total Purchase Cost} = \text{Market Value} + \text{Brokerage} + \text{GST on Brokerage} \]