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  1. How much stock must be sold to realize Rs. 8190 from a stock at 118 ? (Brokerage 1%)
    1. Rs. 7100
    2. Rs. 7050
    3. Rs. 6850
    4. Rs. 7000
Correct Option: D

8190 = [(118 - 1) / 100] x Amount of stock
∴ Amount of stock = (8190 x 100) / 117 = Rs. 7000


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