What is the CP of Rs 100 stock at 2 discount, with 1/5% brokerage? Answers.
A) 99.6  B) 96.2  C) 97.5  D) 98.2  E) None of these
Explanation:   Use the formula,   CP= 100 â€“ discount + brokerage%   CP= 100-2+1/5   98.2   Thus the CP is Rs 98.2.   ANSWER 98.2
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What is the CP of Rs 100 stock at 2 discount, with 1/5% brokerage?