Find the number of shares that can be bought for Rs.8200 if the market value is Rs.20 each with brokerage being 2.8%.
Choose the most appropriate option:
A) 237  B) 270  C) 398.8  D) 166  E) 111
Explanation:   398.8ost of each share = (20 + 2.8% of 20) = Rs.20.56   Therefore, number of shares = 8200/20.56 = 398.8   ANSWER:398.8
<result>C</result>
Find the number of shares that can be bought for Rs.8200 if the market value is Rs.20 each with brokerage being 2.8%.