Discussion :: Stocks and Shares - General Questions (Q.No.14)
Answer: Option C
|Hardik said: (Aug 23, 2012)|
|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.
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)|
Since it is Cost price, we consider it as being purchased.
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