Asked by Anonymous
a person sol 100 shares of stock at a profit of 15%. if the selling price for the 100 shares was 2300. what was paid for the stock?
Answers
Answered by
Marck
15% of 2300 is = 345
345 is the profit you gained
2300 is the selling price of the stock
2300(selling price) - 345(profit) = 1955
the paid for the stock is 1955
345 is the profit you gained
2300 is the selling price of the stock
2300(selling price) - 345(profit) = 1955
the paid for the stock is 1955
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