If A Client Buys Shares Worth Rs. 2,55,000 And Sells Shares Worth Rs. 3,45,000 Through A Broker, Then The Maximum Brokerage Payable To The Broker Is?


3 Answers

Manoj Kumar Krishnasamy Profile
Maximum Brokerage is 2.5% on trade value.
So for
Purchase of shares - 2,55,000*2.5%=6375
On the time of Sale - 3,45,000*2.5%=8625

Totally The Maximum Amount is 15,000.
Carlos  Marino Profile
Carlos Marino answered

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