A brokerage firm charges 0.1 percent trading commission on the value of shares bought or sold through its trading platform. If an investor bought 1000 shares of Britannia on Tuesday, and sold all of them on Thursday, then the total brokerage fee that will be charged from the investor is
Explanation:
Total transation value = 1000 × 3101 + 1000 × 3025 = 1000 × 6126 = 6126000
∴ Commission = 0.1% of 6126000 = 0.1/100 × 6126000 = 6126.
Hence, option (b).
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