In a town, market fees of 15k are collected from every trader. If there were 750 traders in the market last Friday, how much should have been collected as fees?
To determine the total amount collected as fees, you multiply the market fee by the number of traders.
Total amount collected = market fee * number of traders
= 15k * 750
= 11,250,000
Therefore, the amount that should have been collected as fees is 11,250,000.