What is the CP of Rs 100 stock at 6 discount, with 1/5% brokerage? Choose the correct choice from the following choices:
A) 96.9
B) 96.3
C) 94.2
D) 96.7
E) 96.21

Rationale: "explanation : use the formula , cp = 100 â € “ discount + brokerage % cp = 100 - 6 + 1 / 5 94.2 thus the cp is rs 94.2 . answer : c"
Answer: C