Market value of a share is ₹200 . If the brokerage rate is 0.3% then find the purchase value of the share ?
Asked by kalyankarganesh458 | 15th Feb, 2020, 10:01: PM
M.V = Rs. 200
Brokerage rate = 0.3%
0.3% of 200 = 0.6
Therefore, purchase value of the share = M.V + Brokerage = 200 + 0.6 = Rs. 200.6
Answered by Yasmeen Khan | 17th Feb, 2020, 11:40: AM
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