The cash realised on selling a 14% stock at ₹ 106.25, brokerage being 1/4%, is · ABC26GN5240

Subject: General Aptitude · Chapter: Stocks and Shares

The cash realised on selling a 14\% stock at ₹ 106.25, brokerage being $\frac{1}{4}$ \%, is

(a)₹ 105.50

(b)₹ 106

(c)₹ 106.50

(d)₹ 113.75

Answer

Answer: B ✓ checked by 4AB · confidence high

Explanation

Cash realised = 106.25 − 0.25 (brokerage) = ₹106.

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