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Pankajrao invested 1,25,295 in shares of...

Pankajrao invested 1,25,295 in shares of FV 10, when MV is 125.
Rate of brokerage is 0.2% and GST is 18%. Then find (i) How many shares were purchased.
(ii). The amount of brokerage paid and (iii) GST paid for the trading.

Text Solution

Verified by Experts

The correct Answer is:
(i) 1000
(ii) 250
(iii) 45
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