Stocks and Shares - Arithmetic Aptitude Questions and Answers

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The cost price of a Rs. 100 stock at 4 discount, when brokerage is $\frac { 1 } { 4 }$ % is:

Rs. 95.75

Rs. 96

Rs. 96.25

Rs. 104.25

Answer : Option C

Explanation :

C.P. = Rs.[100-4+ $\frac { 1 } { 4}$ ]= Rs. 96.25

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