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.

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> 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.      Log On


   

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) About Me  (Show Source):
You can put this solution on YOUR website!
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Commission is 1.5% of $6500:
0.015($6500)=$97.50