Question

1. One morning you decide to purchase 300 shares of a stock at $6.31/sh.  At the end of the day, you sell all of the shares for $8.24/sh.  How much did you make or lose?  One morning you decide to purchase 300 shares of a stock at $6.31/sh.  What was gained or lost?

2. You decide to invest $5,200 into a stock worth $10.00/sh.  You then sell the shares at $7.80/sh.  How much did you lose?  

Answer 1

300 * 6.31 = ?
300 * 8.24 = ?

Subtract!

What don't you understand about # 2?

Answer 2

These are questions from a test. Please do not respond.