Barbara's net loss on the sale of the stocks she purchased last year is 1245.63.
A net loss is earned when the cost price of purchasing the stock is greater than the selling price.
Net loss = cost price - selling price
Cost price = 8500 + (8500 x 1.25%) = 8606.25
Selling price = 7324 + (7324 x 0.5%) = 7360.62
Net loss = 8606.25 - 7360.62 = 1245.63
Here is the complete question: barbara purchased stock last year for 8500 and paid a 1.25% broker fee. she sold it for 7324 and had to pay a .5% broker fee. Compute her net loss.
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