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The cost price of a Rs 100 stock at 4 discount...

This question belongs to Arithmetic Ability Stocks And Shares
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The cost price of a Rs. 100 stock at 4 discount, when brokerage is $$\frac{1}{4}$$% is:

Answer & Solution
Correct Answer: Option C
$$\eqalign{ & C.P. = Rs.\,\left( {100 - 4 + \frac{1}{4}} \right) \cr & = Rs.\,96.25 \cr} $$
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