You purchase 20 shares of common stock at $15.20 per share. a few months later, you sell the shares for $10.12. no dividends were paid. your stockbroker charges 2.5% commission on transactions of less than 100 shares. determine the gain (or loss) of the stock transaction. round your answer to the nearest cent.
a. a gain of $114.26
c. a gain of $197.34
b. a loss of $114.26
d. a loss of $197.34