Find the number of shares that can be bought for Rs.8200 if the market value is Rs.20 each with brokerage being 2.8%.
Choose one.
A) 237  B) 270  C) 398.8  D) 166  E) 111

Rationale: "explanation : cost of each share = ( 20 + 2.8 % of 20 ) = rs . 20.56 therefore , number of shares = 8200 / 20.56 = 398.8 answer : c"
Answer: C