Rakshith decides to invest in TCS shares which are selling at 2020 per – InterviewSolution

1.

Rakshith decides to invest in TCS shares which are selling at 2020 per share. How much money is required to purchase 10 shares if the brokerage is 0.5%.

Answer»

Selling price of 10 shares at 2020 per share = 20,200

0.5 Brokerage = \(\frac{0.5}{100}\)× 20,200 = Rs 101

100 Amount required to purchase = 20,200 + 101 = 20,301

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