A share is purchased at a rate of 23.60 and sold at a rate of 36.40. If brokerage at the time of buy and sell is 50 paisa per 100 rupee, then net profit will be. (excluding any other government charges)

• total buy-sell = 23.60 + 36.40 = 60
  brokerage = 60*50/100 = 30 paisa
  profit = 36.40 - 23.60 = 12.80
  so net profit = 12.80 - 0.30 = 12.50
• 12 years agoHelpfull: Yes(27) No(0)
• 23.60 + .50 = 24.10
  36.40 + .50 = 36.90
  so, 36.90-24.10=12.80
  so 12.80 is net profit..
• 12 years agoHelpfull: Yes(2) No(10)