Market value of a share is ₹ 200. If the brokerage rate is 0.3% then find the purchase value of the share.

Doubtly Asked 24 Oct 2026 Save WhatsApp Report

1 answer

Answer: Purchase value = ₹ 200.60

Brokerage \( = 0.3\% \text{ of } 200 = \frac{0.3}{100} \times 200 = ₹\,0.60 \)

At the time of buying, brokerage is added to MV:

\[ 200 + 0.60 = ₹\,200.60 \]

Doubtly AI · 24 Oct 2026 AI-verified · Oct 2026 Report

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