alleryStart learning →1,000 shares are bought at Rs 40 each; brokerage is Rs 600 and duty Rs 400. Cost of the investment?
ARs 40,000
BRs 41,000
CRs 41,600
DRs 40,600
Answer & Solution
Correct answer: B. Rs 41,000
Cost is 40,000 for the shares plus 600 brokerage and 400 duty, which gives 41,000.
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