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| 1. |
100 shares were sold at MV 3 150. Brokerage was paid at 0.2% and GST on brokerage at18%. Find the amount received. (3 marks) |
| Answer» AMT REC'd= 100*3150=315000brokerage=0.2/100*315000=630gst on BROKERAGE 18/100*630=113.4total brokerage 630+113.5=743.4net amt rec'd= amt rec'd - TOTAL brokerage=314256.6 ₹ | |