Question

Mr. chef bought TNT stock at $30 per share and sold it at $45 per share what was his percent profit

Answer 1

profit = sale price - cost price

45 - 30 = 15

profit% = profit(15) / cos price(30) * 100

15 divided by 30 = 0.5

0.5 * 100 = 50%

= 50% of profit return