1.

Smt. Aruna Thakkar purchased 100 shares of FV 100 when the MV is Rs 1200. She paid brokerage at the rate of 0.3% and 18% GST on brokerage. Find the following – (1) Net amount paid for 100 shares. (2) Brokerage paid on sum invested. (3) GST paid on brokerage. (4) Total amount paid for 100 shares.

Answer» Smt. Aruna Thakkar purchased 100 shares of FV 100 when the MV is Rs 1200. She paid brokerage at the rate of 0.3% and 18% GST on brokerage. Find the following –

(1) Net amount paid for 100 shares.

(2) Brokerage paid on sum invested.

(3) GST paid on brokerage.

(4) Total amount paid for 100 shares.


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