general math MCQ #199

How many shares of market value Rs. 25 each can be purchased for Rs. 12750, brokerage being 2%?

general math MCQ #199

  1. Question 1

    Q1. How many shares of market value Rs. 25 each can be purchased for Rs. 12750, brokerage being 2%?

    • A) 450
    • B) 500
    • C) 550
    • D) 600

    Answer: 500

    Explanation: Cost per share with 2% brokerage = Rs.25 × 1.02 = Rs.25.50; shares = 12750/25.50 = 500.