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You purchase 100 shares of a stock for $23.95 a share. One year later each share is worth $24.05. Find the profit if you sold at $24.05 a share.

You purchase 100 shares of a stock for $23.95 a share. One year later each share is worth $24.05. Find the profit if you sold at $24.05 a share.
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You purchase 100 shares of a stock for $23.95 a share. One year later each share is worth $24.05. Find the profit if you sold at $24.05 a share.

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User TuGordoBello
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8.9k points

2 Answers

4 votes
Your profit would be $10.00
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User Ashburshui
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8.3k points
7 votes
Your profit would be $10.00
answered
User Prisoner ZERO
by
9.1k points
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