Ken owns 80 shares of stock whose value went up ​$1.50 per share. He also owns 140 shares of a stock whose value went down ​$1.70 per share. How much did Ken gain or​ lose?

Question

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Part 1
​Ken's stocks

gained
lost
in value.

Answer 1

Total gain = (80 shares * $1.50) - (140 shares * $1.70)
Total gain = $120 - $238
Total gain = -$118

Ken lost $118 overall.