Quinton bought x number of shares for p dollars and paid a 1% 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 1% commission

⇒He  brought =

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

⇒He sold =

then;

Net proceed is given as:

Therefore,  quintons net proceeds algebraically is

-2

7 - 9 = -2

reversed:

-2 + 9 = 7