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deff fn [24]
3 years ago
10

Calculate the loss on selling 50 shares of stock originally bought as 13 3/4 and sold at 12

Mathematics
2 answers:
kaheart [24]3 years ago
5 0
First we multiply 50 and 13 and 3/4 
13 and 3/4 could also = 13.75 
sooo lets multiply 
50 x 13.75 = 687.50
so $687.50 was spent on the stock 
now lets fund out how much they sold them for 
we multiply 12 and 50 
50 x 12 = 600
now we need to find out the loss by subtracting 
$687.50 - $600 =$ 87.50
so that means this company lost $87.50 :(
hope this helps :)
and don't forget 2 
MARK ME BRAINLIEST! :D
Svetllana [295]3 years ago
4 0

Loss per share = 13 3/4 -12 = 55/4 - 12 = (55-48)/4 =7/4 . Number of shares = 50. total loss = 50 * 7/4 = 350 /4 =175/2 =$ 87.50

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