Question

Caroline bought 20 shares of stock at 10 ½, and after 10 months the value of the stocks was 11 ¼. If Caroline were to sell all her shares of this stock, how much profit would she make? A. $210 B. $10 C. $15 D. $225

Answer 1

20 shares at 10 1/2 (or 10.5) = 20 * 10.5 = 210
20 shares at 11 1/4 (or 11.25) = 20 * 11.25 = 225

so the profit made would be : 225 - 210 = $ 15 <==