100 shares of market value ₹ 200 each are bought. The brokerage is 0.1% and GST on brokerage is 18%. The total cost of the shares is
A. ₹ 20,020
B. ₹ 20,003.60
C. ₹ 20,036
D. ₹ 20,023.60
A. ₹ 20,020
B. ₹ 20,003.60
C. ₹ 20,036
D. ₹ 20,023.60
Best answer
Answer: D. ₹ 20,023.60
Value \(= 100 \times 200 = ₹ 20000\). Brokerage \(= 0.1\% \times 20000 = ₹ 20\). GST \(= 18\% \times 20 = ₹ 3.60\). Total \(= 20000 + 20 + 3.60 = ₹ 20023.60\).
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