Shri. Batliwala sold shares of ₹ 30,350 and purchased shares of ₹ 69,650 in a day. He paid brokerage at the rate of 0.1% on sale and purchase. 18% GST was charged on brokerage. Find his total expenditure on brokerage and tax.

Doubtly Asked 24 Oct 2026 Save WhatsApp Report

1 answer

Answer: ₹ 118

Total value traded \( = 30350 + 69650 = ₹\,1{,}00{,}000 \)

Brokerage \( = 0.1\% \text{ of } 100000 = ₹\,100 \)

GST \( = 18\% \text{ of } 100 = ₹\,18 \)

\[ \text{Total} = 100 + 18 = ₹\,118 \]

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

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