Market value of share is 275. If the brokerage rate of 0.2%. Then find the purchase value of the share.

Answer

To find the purchase value of the share, we need to account for the brokerage fee based on the market value of the share. Here’s how we can solve the problem step by step:

### Step 1: Identify the Market Value and Brokerage Rate
- The market value of the share is given as ₹275.
- The brokerage rate is given as 0.2%.

### Step 2: Calculate the Brokerage Amount
To find the brokerage amount, we need to calculate 0.2% of the market value (₹275).

\[ \text{Brokerage} = \frac{0.2}{100} \times 275 \]

### Step 3: Simplify the Calculation
Calculating the brokerage:

\[ \text{Brokerage} = 0.002 \times 275 \]

\[ \text{Brokerage} = 0.55 \]

### Step 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.

\[ \text{Purchase Value} = \text{Market Value} + \text{Brokerage} \]

\[ \text{Purchase Value} = 275 + 0.55 \]

\[ \text{Purchase Value} = 275.55 \]

### Final Answer
The purchase value of the share is ₹275.55.

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