Stocks and Shares Practice Test 1

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Question : 29 of 40

Marks: +1, -0

Find the cost of 60 shares of Rs 100 each at

3 /4

discount and

1/ 4

brokerage per share.

Rs 6,072.50
Rs 5,792.75
Rs 5,970
Rs 4,475
Rs 6,268.5

Solution:

Cost of 1 share =

100-3/4+1/4

= Rs 99.50
Cost of 60 shares = 99.50 × 60 = Rs 5,970

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