Markets: A Rigorous Course
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M00 · Problem 5 ★ Check

A delivery round trip and its tax

You buy ₹2,00,000 of a stock for delivery and sell it four months later for ₹2,06,000. (a) Itemise the charges on the round trip (zero delivery brokerage, the illustrative DP charge on the sale). (b) What is the net profit after charges? (c) Compute the STCG tax, remembering that STT is not deductible in computing capital gains while the other charges are part of the cost or of the expenses of transfer. What is left after tax?

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Commas, ₹, % and 1e-3 notation are accepted.

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