1 answer:
Answer:
<h2>Net proceed= s-0.98nd-11</h2>
Step-by-step explanation:
Given that the shares cost $d
n shares will be =$dn
paid 2% commission to her broker= (2/100)*nd= 0.02nd
sold the share for $s
paid a fee of $11
Her net proceeds algebraically will be
Net proceed= s-nd-11-0.02nd
collect like terms
Net proceed= s-(nd-0.02nd)-11
Net proceed= s-0.98nd-11
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