Q.A person sells 150 shares of face value ₹10 each at a market price of ₹18, paying a brokerage of ₹0.50 per share. Find the net amount received from the sale.

On a sale, brokerage is subtracted from the market price to find the effective selling price per share.

Step 1 — Find the effective selling price per share. $\text{Effective Selling Price} = \text{Market Price}-\text{Brokerage} = 18-0.50 = 17.50$.

Step 2 — Find the total net amount received. $\text{Net Amount} = 150\times17.50 = 2{,}625$. …

Adding the brokerage instead of subtracting it (a rule that applies only when buying) is the most common error on a sale — always re-check whether the transaction described is a purchase or a …