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Brokerage calculation

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 August 2014 Suppose i bought IDEA shares qty 100@140. The brokerage is 0.50%. How is the brokerage calculated?

1. on the total turnover - 14000*0.50%

OR

2. 140*0.50%
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CA Kishore Tallam

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CA Kishore Tallam (Expert)
27 August 2014 Brokerage is calculated on transaction value. i.e. on 14,000.

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