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

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

Doubtly Asked 4 Nov 2026 Student doubt Save WhatsApp Report

1 answer

Answer: Purchase value of the share = ₹ 200.60

MV of the share = ₹ 200, rate of brokerage = 0.3%

Brokerage \(= 200 \times \frac{0.3}{100} = 0.60\), i.e. ₹ 0.60

When shares are bought, the brokerage is added to the market value.

Purchase value of the share = MV + brokerage \(= 200 + 0.60 = 200.60\)

\(\therefore\) The purchase value of the share is ₹ 200.60.

Doubtly AI · 4 Nov 2026 AI-verified · Nov 2026 Report

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