Find the cost of 96 shares of Rs. 10 each at (3/4) discount, brokerage being(1/4) per share.
Q1. Find the cost of 96 shares of Rs. 10 each at (3/4) discount, brokerage being(1/4) per share.
Answer: Rs. 912
Explanation: Each share costs Rs. 10 − ¾ (discount) + ¼ (brokerage) = Rs. 9.50, so 96 shares cost 96 × 9.50 = Rs. 912.