Tim Jones bought 100 shares of mutual fund ABC at $4.25 with no load and sold them for $850. And 100 shares of DEF at $6.00 which had a load of $375 dollars, and sold them for $1,200.

Purchase Price Load Total Cost Sales Price Sales Price ÷ Total Cost

ABC = $425 0 $425 $ %(nearest 1%)

DEF = $600 $375 $ $ %(nearest 1%)

Answers : $975 , $1,200 , $200 , $123 , $850