Stocks and Shares Practice Test 1

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Question : 23 of 40

Marks: +1, -0

Find the cost of 192 shares of Rs 10 each at

1 /2

discount and

1 /4

% brokerage.

Rs 1,750
Rs 1,900
Rs 1,625
Rs 1,872
Rs 1,550

Solution:

Cost of one share

= 10-1/2+1/4=9.75

Cost of 192 shares = 9.75 × 192 = Rs 1,872

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