Market value of a share is 200. If the brokerage rate is 0.3% then find the purchase value of the share.

Answer

To find the purchase value of a share given its market value and the brokerage rate, follow these steps:

### Step-by-Step Solution:

1. **Identify the Market Value of the Share**:
- The market value of the share is given as ₹200.

2. **Identify the Brokerage Rate**:
- The brokerage rate is given as 0.3%.

3. **Calculate the Brokerage Amount**:
- To find the brokerage amount, we need to calculate 0.3% of the market value.
- Brokerage Amount = (Brokerage Rate / 100) × Market Value
- Brokerage Amount = (0.3 / 100) × 200
- Brokerage Amount = 0.003 × 200
- Brokerage Amount = ₹0.6

4. **Calculate the Purchase Value of the Share**:
- The purchase value of the share is the sum of the market value and the brokerage amount.
- Purchase Value = Market Value + Brokerage Amount
- Purchase Value = 200 + 0.6
- Purchase Value = ₹200.6

### Final Answer:
The purchase value of the share is ₹200.6.

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