The cost price of a ₹ 100 stock at 4 discount, when brokerage is 1/4% is · ABC26GN5239

Subject: General Aptitude · Chapter: Stocks and Shares

The cost price of a ₹ 100 stock at 4 discount, when brokerage is $\frac{1}{4}$ \% is

(a)₹ 95.75

(b)₹ 96

(c)₹ 96.25

(d)₹ 104.25

Answer

Answer: C ✓ checked by 4AB · confidence high

Explanation

Cost = 100 − 4 (discount) + 0.25 (brokerage) = ₹96.25.

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