How many shares of market value ₹ 25 each can be purchased for ₹ 12750, brokerage being 2%? · ABC26GN5241

Subject: General Aptitude · Chapter: Stocks and Shares

How many shares of market value ₹ 25 each can be purchased for ₹ 12750, brokerage being 2\%?

(a)450

(b)500

(c)550

(d)600

Answer

Answer: B ✓ checked by 4AB · confidence high

Explanation

Cost per share = 25 × 1.02 = ₹25.50; 12750/25.50 = 500 shares.

Study loop for Stocks and Shares

1. Practise the PYQsPrevious-year questions, with answers

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