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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Purchasing price of one share of face value ₹ 100 available at a discount of 912% with brokerage 12% is ____________. - Business Mathematics and Statistics

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Question

Purchasing price of one share of face value ₹ 100 available at a discount of `9 1/2%` with brokerage `1/2%` is ____________.

Options

  • ₹ 89

  • ₹ 90

  • ₹ 91

  • ₹ 95

MCQ
Fill in the Blanks

Solution

Purchasing price of one share of face value ₹ 100 available at a discount of `9 1/2%` with brokerage `1/2%` is ₹ 91.

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Stocks, Shares, Debentures and Brokerage
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Chapter 7: Financial Mathematics - Exercise 7.3 [Page 172]

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Samacheer Kalvi Business Mathematics and Statistics [English] Class 11 TN Board
Chapter 7 Financial Mathematics
Exercise 7.3 | Q 6 | Page 172

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