Maurice bought 25 shares of stock at $9.85 per share and sold them for $11.22 per share. What was his perchase price

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asked Jan 15, 2019 161k views

1 Answer

Selindek · Answer 1 · 2019-01-20T02:09:16+0000

Quantity purchased: 25 shares of stock
Price purchased at: $9.85 per share

To solve:
Total purchase price = (number of shares)(price per share)
Total purchase price = (25)($9.85)
Total purchase price = $246.25

Maurice bought 25 shares of stock at $9.85 per share and sold them for $11.22 per share. What was his perchase price

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