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in Financial Mathematics by (47.8k points)
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The brokerage paid by a person on this sale of 400 shares of face value Rs 100 at 1% brokerage: 

(a) Rs 600 

(b) Rs 500 

(c) Rs 200 

(d) Rs 400

1 Answer

+1 vote
by (47.4k points)
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Best answer

(d) Rs 400

Brokerage = 400 x 100 x \(\frac{1}{100}\) = Rs 400

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