sample question.
"Tommy used the savings in his CPF Ordinary Account to buy 10,000 shares of Company Z at $1.00 per share and incurred the following investment charges:
- $28 for broker’s commission
- $4.50 for SGX fees
- $25 for agent bank charges
One month later, Tommy sold the shares at a price of $1.08 per share. He also incurred the following investment charges from the sale of the shares:
- $28 for broker’s commission
- $4.50 for SGX fees
- $25 for agent bank charges
What was Tommy’s profit from his investment in Company Z? "