Register

Allen bought 1,350 shares of stock for $12 per share. If he sold all his shares for $27,000, how much profit on each share did he make? a. $6 b. $8 c. $10 d. $12

Allen bought 1,350 shares of stock for $12 per share. If he sold all his shares for $27,000, how much profit on each share did he make? a. $6 b. $8 c. $10 d. $12
asked 107k views
1 vote
Allen bought 1,350 shares of stock for $12 per share. If he sold all his shares for $27,000, how much profit on each share did he make? a. $6 b. $8 c. $10 d. $12

asked
User Skurty
by
7.6k points

2 Answers

6 votes

Answer:

$8


Explanation:


answered
User Pwdyson
by
8.4k points
2 votes
27000/1350= $20 selling price per share

Profit= $20-$12= $8

Final answer: $8
answered
User Tomlogic
by
8.2k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!