What is the CP of Rs 100 stock at 4 discount, with 1/5% brokerage?	Select: A) 96.9 B) 96.3 C) 96.2 D) 96.7 E) 96.21

Rationale: explanation : use the formula , cp = 100 – discount + brokerage % cp = 100 - 4 + 1 / 5 96.2 thus the cp is rs 96.2 . answer : c
Answer: C