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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 ? |
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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 |
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