A stockbroker earns a commission by a flat fee for each transaction as well as a fee per share. On a particular transaction, the stockbroker sold 5,000 shares to a client at a rate of $0.01 per share. The cost of the transaction totaled $57.50. Which of the following equations describes the cost of this transaction in terms of shares sold?

Question

anonymous · Answer

$$0.01*5000 = 57.50 -x$$
Where  x is the transactionfee

anonymous · Answer

"Which of the following" are there any options given ?

anonymous · Answer

I missread it's  
$$t=0.01x+7.5$$
t= total
x= shares

anonymous · Answer

A.
y = 0.01x
B.
y = 0.01x + 7.5
C.
y = 0.01x + 4,999.425
D.
y = 0.01x + 5,000

anonymous · Answer

It's B then

anonymous · Answer

thank you :D

anonymous · Answer

np