Discussion Forum



1)

Find the cost of 100 shares of Rs. 10 each at 3/4 discount brokerage being 1/4 per share


A) 900

B) 950

C) 1000

D) 920

Answer:

Option B

Explanation:

Cost of 1 share = Rs.[ (10-(3/4)) + (1/4)]= Rs 19/2

Cost of 100 shares = Rs. (19/2) x 100=950