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

A. Rs. 95.75 B. Rs. 96
C. Rs. 96.25 D. Rs. 104.25

Answer and Explanation

Answer:Rs. 96.25

Explanation:
C.P. = Rs. 100 - 4 + (1/4)   = Rs. 96.25

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