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1. The cost price of a Rs. 100 stock at 4 discount, when brokerage is $\frac{1}{4}$ % is:

A. Rs. 95.75

B. Rs. 96

C. Rs. 96.25

D. Rs. 104.25

Solution:

\begin{aligned} C . P . = R s . (100 - 4 + \frac{1}{4}) \\ = R s . 96.25 \end{aligned}

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