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Question
The market price of share is Rs. 200 and the rate of brokerage is 0.3%.
Find the cost of one such share.
Solution
The MV of a share is Rs. 200
∴ Brokerage =` 200xx0.3/100=0.60`. rupees.
∴ Purchase value of a share = 200 + 0.60 = Rs 200.60
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| Face value | The share is at | Market value | |
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