Question

1. Jonie made three trades through her online discount broker; Electric Inc. charges a fee

of x dollars per trade. Jonie's first purchases was for $2,589, her second purchase was
for $3,053 and his third purchase was for $2,100. If the total purchases was $7,841
including broker fees, what does Electric Inc. charge per trade?

Answer 1

Electric Inc. charges $33 per trade

Explanation:

• The total cost without the fee is $7,742.
• 7,841 - 7,742 = 99
• 99 ÷ 3 (number of trades) = 33