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  1. How much must 1 pay for Rs. 1365 stock at 104 ? (brokerage 1%)
    1. Rs. 1433.50
    2. Rs. 1344.25
    3. Rs. 1433.25
    4. None of these
Correct Option: C

Required answer = Rs. 1365 x (104 + 1) / 100
= Rs. (1365 x 105) / 100
= Rs. 1433.25


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