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3. George purchased 55 shares of a stock at $52.41 and sold them for $61.68. a) What was his profit or loss? b) If the

3. George purchased 55 shares of a stock at $52.41 and sold them for $61.68.

a) What was his profit or loss?

b) If the broker charges 2.4% in commission of the total sale price, what was the broker'scommission?

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