Aptitude - Stocks and Shares - Discussion

Discussion Forum : 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
Rs. 95.75
Rs. 96
Rs. 96.25
Rs. 104.25
Answer: Option
Explanation:

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

Discussion:
14 comments Page 1 of 2.

Kick said:   1 year ago
@Zax.

When stock is purchased, the brokerage is added to the cost price.

Zax said:   2 years ago
Brokerage value calculated on the market value. Am I right?

Zax said:   2 years ago
Brokerage value calculated on the market value. Am I right?

Suraj said:   4 years ago
Market value includes brokerage amount if given, whereas cost price never includes brokerage value because of this we need to add in case of this problem. Anyone clarify it.

Deis said:   4 years ago
Cost price=money with which we purchase or buy.

If the brokerage is mentioned, then we need to add brokerage to the selling price.
Here ,selling price=100- 4=96.
(4% discount).
Brokerage = 1/4 = .25.
Cost price = 96 + 0.25 = 96.25.

Vijay said:   6 years ago
@Kinjal.

Since it is Cost price, we consider it as being purchased.

Kinjal said:   6 years ago
There is no mention of stock being purchased in the question, so why is the brokerage added to the cost price!

Majedul said:   7 years ago
Why is brokerage added in 13 and deducted in 14?

Please explain it.

Rahul said:   9 years ago
When stock is purchased, brokerage is added to cost price. It's given in the important formulas.

Vinod said:   9 years ago
Why we should add brokerage value we deducted brokerage amount in the previous problem? Please any explain.


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