How many-shares of market value RS.25 each can be purchased for Rs.12750, brokerage being 2% ?
CP. of each share= Rs.(25 + 2% of 25) = Rs.25.50.
Number of shares= 1275025.50= 500
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The cash realised on selling a 14% stock at Rs. 106.25, brokerage being 14%, is :
Cash realised = Rs. (106.25 - 0.25) = Rs. 106.
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The cost price of a Rs.100 stock at 4 discount, when brokerage is 14% is :
CP. =Rs.100-4+14 = Rs.96.25
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