Theo buys 116 shares of Raxin Accounting at $15.66 per share and 165 shares of Sanden Research Labs at $8.57 per share. If Theo’s broker charges a commission of $11.50 per ten shares bought or sold, how much does Theo pay in commission?

Question

Revolt · Accepted Answer

$323.15

Buying and Selling Stock

Theo buys 116 shares of Raxin Accounting at $15.66 per share and 165 shares of Sanden Research Labs at $8.57 per share. If Theo’s broker charges a commission of $11.50 per ten shares bought or sold, how much does Theo pay in commission?

Explanation

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