Select the correct answerWhat is the C.P of Rs.100 stock at 4 discount, with (15)% brokerage?Options8096.2567
Question
Select the correct answerWhat is the C.P of Rs.100 stock at 4 discount, with (15)% brokerage?Options8096.2567
Solution
The question is asking for the cost price (C.P) of a Rs.100 stock that is being sold at a 4% discount and also has a 15% brokerage fee.
Here are the steps to solve this:
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Calculate the discount: The stock is being sold at a 4% discount. So, the selling price of the stock is 100 - 4 = Rs.96.
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Calculate the brokerage: The brokerage fee is 15% of the selling price. So, the brokerage fee is 15/100 * 96 = Rs.14.4.
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Add the selling price and the brokerage to get the cost price: The cost price is the selling price plus the brokerage fee. So, the cost price is 96 + 14.4 = Rs.110.4.
So, the correct answer is not in the options given. There might be a mistake in the question or the options provided.
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