Question

If GST on brokerage is included while selling shares, the Net Sale Proceeds equals:

पर्याय

• \[ \text{Net Sale Proceeds} = \text{Market Value} + \text{Brokerage} + \text{GST on Brokerage} \]

• \[ \text{Net Sale Proceeds} = \text{Market Value} - \text{Brokerage} + \text{GST on Brokerage} \]

• \[ \text{Net Sale Proceeds} = \text{Market Value} - \text{Brokerage} - \text{GST on Brokerage} \]

• \[ \text{Net Sale Proceeds} = \text{Market Value} + \text{Brokerage} - \text{GST on Brokerage} \]

Answer 1

On sale, both brokerage and the GST on brokerage are deducted from the market value: \[ \text{Net Sale Proceeds} = \text{Market Value} - \text{Brokerage} - \text{GST on Brokerage} \]