The cost price of a Rs. 100 stock at 4 discount, when brokerage is $\dfrac{1}{4}$ % is
Rs. 96
Rs. 96.25
Rs. 96.75
Rs. 97
Explanation:
Cost Price=$Rs.\left(100-4+\dfrac{1}{4}\right)$
=Rs.96.25
The cost price of a Rs. 100 stock at 4 discount, when brokerage is $\dfrac{1}{4}$ % is
Cost Price=$Rs.\left(100-4+\dfrac{1}{4}\right)$
=Rs.96.25