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

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

A. 450
B. 500
C. 550
D. 600
C.P. of each = Rs. (25 + 2% of 25) = Rs. 25.50.
So Number of s = 12750/25.50 = 500.