The Tennysons purchased 450 shares of Software Design Study stock at 10 ¾ and sold 2 years later at 17 7/8. They paid a 1.25% sales commission when they purchased the stock and paid a 3.25% sales commission when they sold. What was the profit or loss from the sale?

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A (U.S.) business math course typically includes a review of elementary arithmetic, including fractions, decimals, and percentages. Elementary algebra is often included as well, in the context of solving practical business problems.


The Tennysons purchased 450 shares of Software Design Study stock at 10 ¾ and sold 2 years later at 17 7/8. They paid a 1.25% sales commission when they purchased the stock and paid a 3.25% sales commission when they sold. What was the profit or loss from the sale?






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