Jennifer purchased 140 shares of a stock at Tk. 135.50 per share and paid a commission of 0.6%. What was her total investment in taka?
Jennifer purchased 140 shares of a stock at Tk. 135.50 per share and paid a commission of 0.6%. What was her total investment in taka? Correct Answer 19,083.82
Cost of total shares = 135.5 x 140 = 18970 TK. Commission = 18970 x 0.6 / 100 = 113.82 TK. So, Total investment = 18970 + 113.82 = 19083.82 TK.