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Consumer Math Help: Purchase Price per 100 Shares: ABC: $425 DEF: $600 Commission: ABC: 0 DEF: 375 Total Cost: ABC: 425 DEF: 975 Sales Price: ABC: 637.50 DEF 900 Commission: ABC: 0 DEF: 0 Cash to Tim= Sales Price-Commission: ABC: 637.50 DEF= 900 Cash to Tim/Total Cost: ABC: 150% DEF: 92% If Tim does not buy DEF, how much can he spend on ABC? How many shares of ABC can he buy if he does not buy DEF (nearest tenth)? If you can explain this then you're my hero I've been stuck on it for days now. And there's another one similar to it, so if you explain that's great!
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