Question

Fill in the blanks given in the contract note of sale-purchase of shares.
(B - buy S - sell)

No. of shares	MV of shares	Total value	Brokerage 0.2%	9% CGST on brokerage	9% SGST on brokerage	Total value of shares
100 B	Rs 45
75 S	Rs 200

Answer 1

Number of shares bought = 100

MV value of each share = Rs 45

∴ Total value = Number of shares bought × MV value of each share = 100 × 45 = Rs 4,500

Brokerage = 0.2% of Rs 4,500 = $\frac{0.2}{100}\times 4500$ = Rs 9

9% CGST on brokerage = 9% of Rs 9 = $\frac{9}{100}\times 9$ = Rs 0.81

9% SGST on brokerage = 9% of Rs 9 = $\frac{9}{100}\times 9$ = Rs 0.81

∴ Total value of the shares = Rs 4,500 + Brokerage + 9% CGST on brokerage + 9% CGST on brokerage

= Rs 4,500 + Rs 9 + Rs 0.81 + Rs 0.81

= Rs 4,510.62



Number of shares sold = 75

MV value of each share = Rs 200

∴ Total value = Number of shares sold × MV value of each share = 75 × 200 = Rs 15,000

Brokerage = 0.2% of Rs 15,000 = $\frac{0.2}{100}\times 15000$ = Rs 30

9% CGST on brokerage = 9% of Rs 30 = $\frac{9}{100}\times 30$ = Rs 2.70

9% SGST on brokerage = 9% of Rs 30 = $\frac{9}{100}\times 30$ = Rs 2.70

∴ Total value of the shares = Rs 15,000 − Brokerage − 9% CGST on brokerage − 9% CGST on brokerage

= Rs 15,000 − Rs 30 − Rs 2.70 − Rs 2.70

= Rs 14,964.60

The complete table is given below:

No. of shares	MV of shares	Total value	Brokerage 0.2%	9% CGST on brokerage	9% SGST on brokerage	Total value of shares
100 B	Rs 45	Rs 4,500	Rs 9	Rs 0.81	Rs 0.81	Rs 4,510.62
75 S	Rs 200	Rs 15,000	Rs 30	Rs 2.70	Rs 2.70	Rs 14,964.60