Stocks and Shares - General Aptitude

The cost price of a Rs. 100 stock at 4 discount, when brokerage is 1 % is:

4

A Rs. 95.75

B Rs. 96

C Rs. 96.25

D Rs. 104.25

ANS:C - Rs. 96.25

C.P. = Rs.		100 - 4 +	1		= Rs. 96.25
			4

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