Question: Sam bought through her broker 200 Apex Mining common stock at $61.50/share. The broker charged her 2% commission.One year later she sold the shares for$71.25.

Sam bought through her broker 200Apex Miningcommon stock at $61.50/share. The broker charged her 2% commission.One year later she sold the shares for$71.25.

What was the gain ( or loss)for this stock market transaction?

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