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Smt. Aruna Thakkar purchased 100 shares of FV 100 when the MV is ₹ 1200. She paid brokerage 0.3% and 18% GST on brokerage. Find net amount for 100 shares, brokerage, GST on brokerage and total amount paid.

Smt. Aruna Thakkar purchased 100 shares of FV 100 when the MV is ₹ 1200. She paid brokerage at the rate of 0.3% and 18% GST on brokerage. Find the following -

(1) Net amount paid for 100 shares. (2) Brokerage paid on sum invested. (3) GST paid on brokerage. (4) Total amount paid for 100 shares.

1 answer

Answer: (1) ₹ 1,20,000 (2) ₹ 360 (3) ₹ 64.80 (4) ₹ 1,20,424.80

(1) \( 100 \times 1200 = ₹\,1{,}20{,}000 \)

(2) Brokerage \( = 0.3\% \text{ of } 120000 = ₹\,360 \)

(3) GST \( = 18\% \text{ of } 360 = ₹\,64.80 \)

(4) Total \( = 120000 + 360 + 64.80 = ₹\,1{,}20{,}424.80 \)

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