1.  The cost price of a ₹ 100 stock at 4 discount, when brokerage is (1/4)% is:

A. ₹ 95.75
B. ₹ 96
C. ₹ 96.25
D. ₹ 104.25

Answer: Option C

Explanation:

C.P. = ₹ 100 - 4 + 1 = ₹ 96.25
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