# Aptitude - Stocks and Shares - Discussion

### Discussion :: Stocks and Shares - General Questions (Q.No.14)

14.

 The cost price of a Rs. 100 stock at 4 discount, when brokerage is 1 % is: 4

 [A]. Rs. 95.75 [B]. Rs. 96 [C]. Rs. 96.25 [D]. Rs. 104.25

Explanation:

 C.P. = Rs. 100 - 4 + 1 = Rs. 96.25 4

 Hardik said: (Aug 23, 2012) Please Explain.

 Shraddha said: (Feb 25, 2013) 4% discount on 100 Rs = 4/100*100 = 4 Rs. Discount = 100-4 = 96 Rs. Broker amount =1/4% = 1/4/100*100 = 1/4 Rs. Then total Rupees = 96+1/4 = 96.25.

 Sindhu said: (Mar 10, 2014) Why you add the brokerage cost?

 Chaitanya said: (Aug 1, 2014) This is the approach I followed. Please point out where I went wrong. Brokerage amount = 1/4%. Brokerage is calculated for the amount we pay. Not for the face value. So, Brokerage amount = 1/4% of Rs.96 = 0.24. i.e. cost price = 96+0.24 = 96.24.

 Vinod said: (Dec 8, 2014) Why we should add brokerage value we deducted brokerage amount in the previous problem? Please any explain.

 Rahul said: (Apr 9, 2015) When stock is purchased, brokerage is added to cost price. It's given in the important formulas.

 Majedul said: (Apr 16, 2017) Why is brokerage added in 13 and deducted in 14? Please explain it.

 Kinjal said: (Nov 15, 2017) There is no mention of stock being purchased in the question, so why is the brokerage added to the cost price!

 Vijay said: (Jun 21, 2018) @Kinjal. Since it is Cost price, we consider it as being purchased.