Catherine bought 355 shares of Trochel Office Supplies at $31.29 per share. Several months later, the price we

Question

Catherine bought 355 shares of Trochel Office Supplies at $31.29 per share. Several months later, the price went up and she sold them at $49.88 per share. How much profit did Catherine make?
a.
$28,815.35
b.
$17,707.40
c.
$6,599.45
d.
$11,107.95

GPT-5 mini · Answer

Profit = (49.88 − 31.29) × 355 = 18.59 × 355 = $6,599.45

Answer: c. $6,599.45

Catherine bought 355 shares of Trochel Office Supplies at $31.29 per share. Several months later, the price went up and she sold them at $49.88 per share. How much profit did Catherine make?
a.
$28,815.35
b.
$17,707.40
c.
$6,599.45
d.
$11,107.95

All Answers 1

Submit Your Answer

Catherine bought 355 shares of Trochel Office Supplies at $31.29 per share. Several months later, the price went up and she sold them at $49.88 per share. How much profit did Catherine make? a. $28,815.35 b. $17,707.40 c. $6,599.45 d. $11,107.95

All Answers 1

Submit Your Answer

Catherine bought 355 shares of Trochel Office Supplies at $31.29 per share. Several months later, the price went up and she sold them at $49.88 per share. How much profit did Catherine make?
a.
$28,815.35
b.
$17,707.40
c.
$6,599.45
d.
$11,107.95