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 |
Answer: Option
Explanation:
| C.P. = Rs. |  |
100 - 4 + | 1 |  |
= Rs. 96.25 |
| 4 |
Discussion:
15 comments Page 1 of 2.
Deis said:
5 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.
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.
Chaitanya said:
1 decade ago
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.
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.
Suraj said:
5 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.
Shraddha said:
1 decade ago
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.
Discount = 100-4 = 96 Rs.
Broker amount =1/4% = 1/4/100*100 = 1/4 Rs.
Then total Rupees = 96+1/4 = 96.25.
Kinjal said:
8 years ago
There is no mention of stock being purchased in the question, so why is the brokerage added to the cost price!
Vinod said:
1 decade ago
Why we should add brokerage value we deducted brokerage amount in the previous problem? Please any explain.
Rahul said:
1 decade ago
When stock is purchased, brokerage is added to cost price. It's given in the important formulas.
Kick said:
3 years ago
@Zax.
When stock is purchased, the brokerage is added to the cost price.
When stock is purchased, the brokerage is added to the cost price.
Majedul said:
8 years ago
Why is brokerage added in 13 and deducted in 14?
Please explain it.
Please explain it.
Vijay said:
7 years ago
@Kinjal.
Since it is Cost price, we consider it as being purchased.
Since it is Cost price, we consider it as being purchased.
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