Question

A share is sold for the market value of ₹ 1000. Brokerage is paid at the rate of 0.1%. Find the amount received after sale by completing the activity.

Activity:

Brokerage = `square` × the rate of brokerage.

= `1000 xx 0.1/square`

= 10 × 0.1

= `square`

Amount received after sale = MV − `square`

= `square` − 1

= ₹ `square`

Answer 1

Brokerage = \[\boxed{\text{MV}}\] × the rate of brokerage.

= 1000 × \[\frac{0.1}{\boxed{100}}\]

= 10 × 0.1

= ₹ \[\boxed{1}\]

Amount received after sale = MV − \[\boxed{\text{Brokerage}}\]

= \[\boxed{1000}\] − 1

= ₹ \[\boxed{999}\]