How many shares of market value Rs. 25 each can be purchased for Rs. 12750 brokerage being 2%?

A.  450
B.  500
C.  550
D.  600
Answer: B

Explanation: 

C.P of each share = Rs.(25+ 2% of 25)
                             = Rs. 25.50.
Number of shares  = (12750 / 25.50)
                               = 500.