Question

If the face value of the share is Rs.100 and market value is Rs.150. if Rate brokerage is 0.5%. The selling price of 1 share is ______.

पर्याय

• Rs. 149.25

• Rs. 99.5

• Rs. 150.75

• Rs. 100.5

Answer 1

If the face value of the share is Rs.100 and market value is Rs.150. if Rate brokerage is 0.5%. The selling price of 1 share is Rs. 149.25.

Explanation:

Brokerage = 0.5% of market value

= 0.005 × 150

= Rs. 0.75

Selling price = Market value – Brokerage

= 150 − 0.75

= Rs. 149.25