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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

Correct Answer :

C. Rs. 96.25

C o s t P r i c e = R s . (100 - 4 + \frac{1}{4}) = R s . 96.25

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