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Stocks and Shares Practice Test 2
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© examsnet.com
Question : 1
Total: 36
How much stock must be sold to realise Rs. 8190 at
117
1
8
(brokerage 1 8 %)?
Rs. 6000
Rs. 7000
Rs. 8000
Rs. 9000
Validate
Solution:
Net Market value =
117
1
8
–
1
8
= Rs. 117
Now, stock sold =
8190
×
100
117
= Rs. 7000
© examsnet.com
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