Ben’s broker charges a commission of $125 for every $1,000 of stock bought or sold. ben bought 442 shares of xyx motors when the share price was $15.67, and sold them when the share price was $23.14. how much profit did ben make?
a. $10,227.88
b. $8,083.62
c. $1,157.48
d. $3,301.74

First, calculate how much Ben spent when he bought the shares by multiplying the share price with the number of shares, having a result of $6926.14. Then calculate how much he got when he sold the shares by multiplying the number of shares with the selling share price, having a result of $10227.88. So, you just have to deduct the amount he bought the share to the amount he sold the share. So he would have a profit of $3301.74. The answer is D.

C

Step-by-step explanation:

D is wrong

answer: answer

step-by-step explanation: