1.

A Share is sold for the market valueOF Æ 10oo.brokeragis paid at the rate of 0.1/.what is the amount recieved after the sale ?​

Answer»

Step-by-step explanation:

Market value of the share = Rs 1,000

BROKERAGE = 0.1% of Rs 1,000 =

0.1100×1000

= Rs 1

∴ Selling price of the share = MV − Brokerage = Rs 1,000 − Rs 1 = Rs 999

Thus, the AMOUNT RECEIVED after the sale is Rs 999.



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