Chapter: Financial Planning· Mathematics Part 1 (Algebra)

Mr. Desai bought 100 shares at MV ₹ 250 and later sold all of them at MV ₹ 300. Each time he paid brokerage at 0.2% and GST at 18% on brokerage. Find his profit or loss.

Q.26 Mr. Desai bought 100 shares at MV ₹ 250 and later sold all of them at MV ₹ 300. Each time he paid brokerage at 0.2% and GST at 18% on brokerage. Find his profit or loss.

Doubtly Asked 29 Oct 2026 Practice test ssc 10th Save WhatsApp Report

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Answer: Profit = ₹ 4,870.20

Buying: value = 100 × 250 = ₹ 25,000

Brokerage = 0.2% of 25000 = ₹ 50; GST = 18% of 50 = ₹ 9

Total cost = 25000 + 50 + 9 = ₹ 25,059

Selling: value = 100 × 300 = ₹ 30,000

Brokerage = 0.2% of 30000 = ₹ 60; GST = 18% of 60 = ₹ 10.80

Amount received = 30000 − 60 − 10.80 = ₹ 29,929.20

Since amount received > cost, there is a profit.

Profit = 29929.20 − 25059 = ₹ 4,870.20

Doubtly AI · 29 Oct 2026 AI-verified · Nov 2026 Report

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Mr. Desai bought 100 shares at MV ₹ 250 and later sold all of them at MV ₹ 300. Each time he paid brokerage at 0.2% and GST at 18% on brokerage. Find his profit or loss.

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