Question

Complete the table below by calculating the commission and adding it to the price of the stock.

Answer 1

We calculate the commission and adding it to the price of the stock to get total cost.

No       Price              Total Commission                         Total cost

100    $26.25         0.06 x $2,625 = $157.50     2625 + 157.50 =2782.5

100    $19.32         0.06 x $1,932 = $115.92         1932 + 115.92 =2047.92

40     $9.77          0.06 x $390.80 = $23.45      390.80 + 23.45= 414.25

200   $5.39          0.06 x $1,078 = $64.68        1,078 + 64.68 = 1142.68      

100    $33.44       0.06 x $3,344 = $200.64      3,344 + 200.64 = 3544.64

Answer 2

No of Shares Price per share Total Commission @ 6% of Total Total Cost
100 ABC              $26.25         0.06 x $2,625 = $157.50                $2,625
100 DEF              $19.32         0.06 x $1,932 = $115.92                $1,932
40 GHI                  $9.77          0.06 x $390.80 = $23.45               $390.80
200 JKL                $5.39          0.06 x $1,078 = $64.68                 $1,078
100 MNO             $33.44         0.06 x $3,344 = $200.64               $3,344