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The market price of a share is Rupees 20...

The market price of a share is Rupees 200 and the rate of brokerage is 0.3%. Find the cost of one share.

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The correct Answer is:
The cost of one share is Rupees 200.60
MV of the share is Rupees 200.
The rate of brokerage = 0.3 %
`:. ` brokerage per share = Rupees 200` xx (0.3)/(100) = `Rupees 0.60
The cost ofone share `=` MV of one share `+` brokerage on one share
`= Rupees ( 200+ 0.60) = Rupees 200.60`
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