HELP ME

Lisa bought 30 shares of stock at $54.02 per share. She then sold her shares at $58.19 per share. Her broker charges a 2% commission for all transactions. What was her net gain?

$ 57.78

$ 127.60

$ 186.42

$ 222.60

$127.60

Step-by-step explanation:

If Lisa bought 30 shares of stock at $54.02 per share, total cost price will be:

30×$54.02

= $1620.6

If she then sold her shares at $58.19 per share, her total selling price will be:

30×$58.19

= $1745.7

Profit = selling price - cost price

Profit = $1745.7-$1620.6

Profit = $125.1

If her broker charges a 2% commission for all transactions, her total charge will be:

2% of $125.1

= $2.50

Her net gain = profit + broker's charge

= $125.1+$2.50

= $127.60