Q19
The cash realised on selling a 14% stock at Rs. 106.25, brokerage being 1/4 %, is-
The cash realised on selling a 14% stock at Rs. 106.25, brokerage being %, is-
A.
Rs. 105.50
B.
Rs. 106
AnswerC.
Rs. 106.50
D.
Rs. 113.75
Answer: Option B
Solution
Answer: Option B
Solution:
Cash realised = Rs. (106.25 - 0.25) = Rs. 106