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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

The brokerage paid by a person on the sale of 400 shares of face value ₹ 100 at 1% brokerage __________. - Business Mathematics and Statistics

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Question

The brokerage paid by a person on the sale of 400 shares of face value ₹ 100 at 1% brokerage __________.

Options

  • ₹ 600

  • ₹ 500

  • ₹ 200

  • ₹ 400

MCQ
Fill in the Blanks

Solution

The brokerage paid by a person on the sale of 400 shares of face value ₹ 100 at 1% brokerage ₹ 400.

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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 5 | Page 172

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