Any one can please tell me if i invest 10000 ruppess in stock market using zerodha trading platform and sold those stocks at 5% gain (ie:500 rs). what would be my actual profit after zerodh platforms or other charges. I know that zerodha charges 0.01% (i guess for our inital 10000) so loss is 1 ruppes. Is this the only charges we have too keep in our mind when calculating profit?
Is my calculation correct. What else charges and taxes we have to pay during a trading?
Code:
Initial amount 5%Gain 0.01% platform charges Total Gain
10000 500 1 499