SOLUTION: Seventy Php1,000 bonds are purchased by Jim at 92.15 and sold at 110.23 . If the broker's fee is Php200 per transaction, find the amount earned by Jim.

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Question 1185574: Seventy Php1,000 bonds are purchased by Jim at 92.15 and sold at 110.23 . If the broker's fee is Php200 per transaction, find the amount earned by Jim.
Answer by ikleyn(52921)   (Show Source): You can put this solution on YOUR website!
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The amount earned by Jim is  70*(110.23-92.15) - 200 = 1065.60.    ANSWER


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