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1. The cash realised on selling a 14% stock at Rs. 106.25, brokerage being $\frac{1}{4}$ %, is-

A. Rs. 105.50

B. Rs. 106

C. Rs. 106.50

D. Rs. 113.75

Solution:

Cash realised = Rs. (106.25 - 0.25) = Rs. 106

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