Kumar bought 100 shares at a rate of 98.50 per share and sold these shares at a rate of 99.35 per

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05 Oct 2010 Share market

Kumar bought 100 shares at a rate of 98.50 per share and sold these shares at a rate of 99.35 per share.
Brokerage is 4 paisa per 100 rupee. Total brokerage in the whole transaction is

OPtion

1) 8.45
2) 6.56
3) 7.92
4) 9.49
5) 5.46
6) 6.78
7) 7.59
8) 8.67
9) 9.13
10) 5.42

Solution

Brokerage = (98.5+99.35)* 100* 0.04/100 = 197.85* 0.04 = 7.92

Correct Option: 3 Best Solution (6)

midhun prakash   13 years AGO

3.97+3.94

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SUDESHNA SEN   13 years AGO

Cost price: 100 shares at a rate of 98.50 per share
So, total Cost Price= 100*98.50= Rs. 9850.
Selling price: 100 shares at a rate of 99.35 per share
So, total selling price= 100*99.35= Rs. 9935.
Therefore, total transaction= Rs. 9850+9935= Rs. 19785.
Brokerage is 4 paisa per 100 rupee.
So, total brokerage in the whole transaction is= (4/100)* 19785 paisa= 7914 paisa or Rs. 7.92..... Option 3)

Like? Yes (1) | No   

Mamon Sengupta   13 years AGO

Cost price: 100 shares at a rate of 98.50 per share
So, total Cost Price= 100*98.50= Rs. 9850.
Selling price: 100 shares at a rate of 99.35 per share
So, total selling price= 100*99.35= Rs. 9935.
Therefore, total transaction= Rs. 9850+9935= Rs. 19785.
Brokerage is 4 paisa per 100 rupee.
So, total brokerage in the whole transaction is= (4/100)* 19785 paisa= 7914 paisa or Rs. 7.92..... Option 3)

Like? Yes (1) | No   

Trishita Dasgupta   13 years AGO

Cost price: 100 shares at a rate of 98.50 per share
So, total Cost Price= 100*98.50= Rs. 9850.
Selling price: 100 shares at a rate of 99.35 per share
So, total selling price= 100*99.35= Rs. 9935.
Therefore, total transaction= Rs. 9850+9935= Rs. 19785.
Brokerage is 4 paisa per 100 rupee.
So, total brokerage in the whole transaction is= (4/100)* 19785 paisa= 7914 paisa or Rs. 7.92..... Option 3)

Like? Yes (1) | No   

Sudeshna Sengupta   13 years AGO

Cost price: 100 shares at a rate of 98.50 per share
So, total Cost Price= 100*98.50= Rs. 9850.
Selling price: 100 shares at a rate of 99.35 per share
So, total selling price= 100*99.35= Rs. 9935.
Therefore, total transaction= Rs. 9850+9935= Rs. 19785.
Brokerage is 4 paisa per 100 rupee.
So, total brokerage in the whole transaction is= (4/100)* 19785 paisa= 7914 paisa or Rs. 7.92..... Option 3)

Like? Yes (1) | No   

PADMASHREE   13 years AGO

3.974+3.94=7.914 or 7.92 option 3

Like? Yes (1) | No