SOLUTION: a stockbroker receiyes a commission of 1.5% of the price of the stock she sells. Find the commission of 100 shares of the stock that were purchased for $6500.

SOLUTION: a stockbroker receiyes a commission of 1.5% of the price of the stock she sells. Find the commission of 100 shares of the stock that were purchased for $6500.

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Question 972817: a stockbroker receiyes a commission of 1.5% of the price of the stock she sells. Find the commission of 100 shares of the stock that were purchased for $6500.
Answer by macston(5194) (Show Source): You can put this solution on YOUR website!
.
Commission is 1.5% of $6500:
0.015($6500)=$97.50
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