What is the CP of Rs 100 stock at 6 discount, with 1/5% brokerage?
Select the correct option:
A) 96.9  B) 96.3  C) 94.2  D) 96.7  E) 96.21
Explanation:   Use the formula,   CP= 100 â€“ discount + brokerage%   CP= 100-6+1/5   94.2   Thus the CP is Rs 94.2.   ANSWER: 94.2
<result>C</result>
What is the CP of Rs 100 stock at 6 discount, with 1/5% brokerage?