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>> The cost price of a Rs. 100 stock at 4 discount, when brokerage is 1/4 % is:___________?
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Q. The cost price of a Rs. 100 stock at 4 discount, when brokerage is 1/4 % is:___________?
a.
Rs. 96
b.
Rs. 95.75
c.
Rs. 96.25
d.
Rs. 104.25
ANSWER: Rs. 96.25
Answer & Explanation
C.P.=Rs. 100 – 4 + 1/4 =Rs.96.25.
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