Quinton bought x number of shares for p dollars and paid a 0.5% commission. he sold the stock for y dollars and paid a flat fee of $7. express quintons net proceeds algebraically.

Step-by-step explanation:-

As per the statement:

Quinton bought x number of shares for p dollars and paid a 0.5% commission

⇒

It is also given that: He sold the stock for y dollars and paid a flat fee of $7.

⇒

then;

Net proceeds is given as:

Therefore, Quinton's net proceeds algebraically is

the correct answer is option c.   3

step-by-step explanation:

points to remember

equation of the line with coordinates (x₁, y₁) and (x₂, y₂) is given by,

slope m = (y₂ - y₁)/(x₂ - x₁)

from the figure we can see a line with two coordinates given

to find the slope of given line

here   (x₁, y₁)   = (-1, -1 ) and (x₂, y₂) = (1, 5)

slope m = (y₂ - y₁)/(x₂ - x₁)

  = (5 - -1)/(1 - -1)

  = (5 + 1)/(1 + 1)

  = 6/2 = 3

therefore the correct answer is option c.   3