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Discussion :: Stocks and Shares

  1. The cost price of a Rs. 100 stock at 4 discount, when brokerage is\(\frac { 1 } { 4 } \)% is:

    2. A.

    Rs. 95.75
    B.

    Rs. 96
    C.

    Rs. 96.25
    D.

    Rs. 104.25

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    Answer : Option C

    Explanation :

    C.P. = Rs.[100-4+\( \frac { 1 } { 4} \)]= Rs. 96.25

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