Question

a share os stock in the Lofty Cheese company is quoted at 25 1/4 suppose you hold 30 shares of the stock, which you bought at 20 1/4 . if you sell your stock at 25 1/4 which one of the following statement would be true?

Answer 1

buy = 30 share at 20 1/4 each

sell = 30 share at 25 1/4

profit $5 share profit

total profit is 150$