Question

In Uganda, Susan invested UGX300,000 in the shares of a company X and UGX550,000 in the shares of a company Y. After a year, she sold all the shares of both companies for UGX400,000 and UGX700,000 respectively. What is her profit from company X?

Answer 1

Answer:

UGX100,000

Step-by-step explanation:

Profit = Selling price - cost

UGX400,000 - UGX300,000

= UGX100,000