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

Expert Answer:

 
 
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