Select the better deal in the pair. Then give the unit rate for the better deal.
2 answers:
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Answer:
Step-by-step explanation:-
As per the statement:
Quinton bought x number of shares for p dollars and paid a 0.5% commission
⇒
It is also given that: He sold the stock for y dollars and paid a flat fee of $7.
⇒
then;
Net proceeds is given as:
Therefore, Quinton's net proceeds algebraically is
Solve for x, like I did, then plug it in the equation for UV.
So,
(2x12) - 22 = UV
24-22 = UV
UV = 2
So,
(2x12) - 22 = UV
24-22 = UV
UV = 2