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Select the correct answerWhat is the C.P of Rs.100 stock at 4 discount, with (15)% brokerage?Options8096.2567

Question

Select the correct answer

What is the C.P of Rs.100 stock at 4 discount, with (15)% brokerage?

Options

  • 80
  • 96.25
  • 67
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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:

  1. Calculate the discount: The stock is being sold at a 4% discount. So, the selling price of the stock is 100 - 4 = Rs.96.

  2. Calculate the brokerage: The brokerage fee is 15% of the selling price. So, the brokerage fee is 15/100 * 96 = Rs.14.4.

  3. 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.

This problem has been solved

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