What is the CP of Rs 100 stock at 4 discount, with 1/5% brokerage?  Options.
A) 99.6
B) 96.2
C) 97.5
D) 98.25
E) None of these
Explanation:   Use the formula,   CP= 100 – discount + brokerage%   CP= 100-4+1/5   96.2   Thus the CP is Rs 96.2.   ANSWER 96.2
<result>B</result>
What is the CP of Rs 100 stock at 4 discount, with 1/5% brokerage?