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A share is sold for the market value of ₹ 2000. A brokerage is paid at the rate of 0.5%. To find the amount received after the sale, fill in the boxes. Market value = □ Brokerage rate = 0.5% Amount - Algebra

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Question

A share is sold for the market value of ₹ 2000. A brokerage is paid at the rate of 0.5%. To find the amount received after the sale, fill in the boxes.

Market value = `square`

Brokerage rate = 0.5%

Amount received after the sale = `square` – `square` × `square/100`

= `square` – 10

= `square`

Hence, the amount received after the sale is `square`.

Fill in the Blanks
Sum

Solution

Market value = ₹ \[\boxed{2000}\]

Brokerage rate = 0.5%

Amount received after the sale = \[\boxed{2000} - \boxed{2000}\] × \[\frac{\boxed{0.5}}{100}\]

= \[\boxed{2000}\] – 10

= \[\boxed{1990}\]

Hence, the amount received after the sale is ₹ \[\boxed{1990}\].

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