Find the total cost of 96 shares valued at Rs. 10 each at a (3/4) discount, with a (1/4) brokerage fee per share.
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Answer: B. 912
Explanation
The net cost per share incorporates both the percentage discount and the additional brokerage fee. Multiplying the adjusted price per individual share by ninety six total shares gives the correct total. Accurate arithmetic calculations confirm that the total cost equals exactly nine hundred twelve rupees. Stock discounts reduce the nominal face value of a share before purchase transactions are finalized. Brokerage fees represent commission payments charged by financial intermediaries executing the share purchase order. The total expenditure equals the quantity of shares multiplied by the final net price per share.
Investors calculate net purchase prices to determine exact capital requirements before executing stock market trades. Brokerage commissions are a standard expense when purchasing equities through licensed financial brokers and institutions. Corporate finance calculations require precise transaction cost tracking for accurate portfolio valuation and accounting. Option a underestimates the total share cost due to an arithmetic error during the multiplication step. Option c overestimates the total cost by incorrectly applying the brokerage fee as an addition. Option d is wrong because it exceeds the correctly computed net purchase expenditure by two hundred.
- Subject
- Mathematics
- Category
- Mathematics
- Topic
- —
- Difficulty
- medium
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