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Stocks and Shares
The cash realised on selling a 14% stock at Rs. 106.25, brokerage being 14 %, is :
RS.105.50
RS.106
RS.106.50
RS.113.75
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Correct Answer:
RS.106
Explanation:
Cash realised = Rs. (106.25 - 0.25) = Rs. 106.
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