A stockholder solder her shares and made a profit of $1,408. If that is a profit of 24%, how much were her shares when she originally purchased them?

1 answer

1.24x = 1,408

x = 1,408/1.24

x = 1,135.48
Similar Questions
    1. answers icon 1 answer
  1. in 1994, the profit is $250,000in 1995, the profit is $280,000 in 1996, the profit is $240,000 in 1997, the profit is $320,000
    1. answers icon 1 answer
  2. in 1994, the profit is $250,000in 1995, the profit is $280,000 in 1996, the profit is $240,000 in 1997, the profit is $320,000
    1. answers icon 1 answer
  3. Banana bought 3 companies forA :$20000000 B : $250000000 G : $350000000 He made a profit of $(9.6x10^6) when he sold the
    1. answers icon 2 answers
more similar questions