And issue is?
Try:
SELECT ProductName,ChapterCode,(@Dollarrate*@INR) BASIC,
(@Dollarrate*@CustomINR) CustomINR,
((@Dollarrate*@CustomINR) * DBO.DIVIDE(PM.LCost,100)) LCOST,
((@Dollarrate*@CustomINR) + ((@Dollarrate*@CustomINR) * DBO.DIVIDE(PM.LCost,100))) AS NewSumCustomINRandLCost
FROM ProductMaster PM WITH(NOLOCK) where Productname=@ProductName
Just added another select for the field needed!