Bob Newsome Purchased 250 Shares of the Northern Lights Growth

Bob Newsome purchased 250 shares of the Northern Lights Growth Fund.The purchase cost was $20 per share and the total commission was $250.What is the load being charged by the fund?

A) 8.5 percent
B) 5 percent
C) 4.5 percent
D) 3 percent
E) 2.5 percent