Stocks and Shares Practice Test 1

Question : 31 of 40

Marks: +1, -0

A man invests Rs 4,000 in 5% stock at 100. On selling the invested stock, how much would he realize? (brokerage1%)

Solution:

Cost realised

=\investment ({\Market \value -\Brokerage }/ { \Market \value +\Brokerage })

=4000({100-1}/{100+1})=3920.79

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