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Likurg_2 [28]
2 years ago
10

Sally bought 200 shares of stock in a clothing manufacturer 4 years ago. She paid $23.45 per share. She just sold all of her sha

res for $34.60 per share. What was her percentage gain
Business
1 answer:
m_a_m_a [10]2 years ago
3 0

The percentage gain earned by Sally from the sales of the shares is  47.55%.

<h3>What is the percentage gain?</h3>

The percentage gain is the excess of the selling price over the cost price of the stock of shares/.

Percentage gain = (selling price - cost price) / cost price

(34.60 - 23.45) / 23.45 = 47.55%

To learn more about percentages, please check: brainly.com/question/25764815

#SPJ1

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1. "If bonds of different maturities are close substitutes, their interest rates are more likely to move together." Is this stat
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Gerardi Supply started the year with total assets of $210,000 and total liabilities of $85,000. During the year, the business re
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$155.000

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7 0
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