Question

You purchase 200 shares of Ravioli Den for $35/share. One year later, you sell the shares for

$52/share. What was your TOTAL GAIN for your investment in Ravioli Den?

Answer 1

Your total gain would be $3400

Explanation:

$35*200=7000

52*200=10400

10400-7000=3400

Answer 2

3400

Explanation:

Multiply 52 times 200 and then subtract 200×35