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As a fee for his service, a stockbroker kept 20 percent of the total p

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As a fee for his service, a stockbroker kept 20 percent of the total p [#permalink] New post   06 Jun 2022, 02:00
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As a fee for his service, a stockbroker kept 20 percent of the total profit he earned from investment. If the customer received a divident of $1, how much, in dollars, did the stock broker earn from his service?

(A) $0.80
(B) $1.20
(C) $1.25
(D) $1.50
(E) $1.80


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Re: As a fee for his service, a stockbroker kept 20 percent of the total p [#permalink] New post   24 Jun 2022, 01:48
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If the customer earns 1 dollar and the sh keeps for him 20% of the amount earned. So the answer is 1+20%=1.2

B is the answer
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Re: As a fee for his service, a stockbroker kept 20 percent of the total p [#permalink]
24 Jun 2022, 01:48
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