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Question

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

Options:
A .  Rs. 95.75
B .  Rs. 96
C .  Rs. 96.25
D .  Rs. 104.25
Answer: Option C

C.P. = Rs. \(\left(100-4+\frac{1}{4}\right)\)   = Rs. 96.25


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