1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dovator [93]
3 years ago
13

Miguel paid a total of $12,000 for stock that was $8 per share. If he sold all his shares for $15,000, how much profit on each s

hare did he make? a. $2 b. $8 c. $10 d. $12
Mathematics
2 answers:
Scorpion4ik [409]3 years ago
6 0
If you would like to know how much profit on each share did he make, you can calculate this using the following steps:

$12,000 / $8 = 1,500 shares

$15,000 / 1,500 shares = $10 per share

x% of $8 is $10
x/100 * 8 = 10     /*100/8
x = 10 * 100 / 8
x = 125%

125% - 100% = 25%

Miguel made 25% ($2) profit on each share.
slamgirl [31]3 years ago
4 0

Answer:

A. $2

Step-by-step explanation:

Just took the test. Sooo.... Yea.

You might be interested in
The coordinates A(2, 1), B(7, 1), C(2, 4) form what type of polygon?
Digiron [165]

Step-by-step explanation:

Slope \:  of \:  AB =  \frac{1 - 1}{7 - 2}  =  \frac{0}{5}  = 0 \\  \\ Slope \:  of \:  BC =  \frac{4 - 1}{2 -  7}  =  \frac{3}{ - 5}  =  - \frac{3}{ 5}   \\  \\  \because \: Slope \:  of \:  AB \neq \: Slope \:  of \:  BC \\  \\  \therefore \: given \: points \: are \: non - collinear. \\

Hence, coordinates A(2, 1), B(7, 1), C(2, 4) form a triangle.

6 0
3 years ago
Read 2 more answers
Which inequality represents the phrase below?
Greeley [361]

Answer:

b

Step-by-step explanation:

4 0
3 years ago
I need help with math please
hram777 [196]

Answer:A

Step-by-step explanation:

6 0
3 years ago
Read 2 more answers
I don’t even know the answer to this one plz help me
Yuki888 [10]

Answer:

divide both sides by 4/9

3 0
2 years ago
Read 2 more answers
If a triangle has angle measures of 114°, 25° and 41°, it can be classified as?
Talja [164]

Answer:

obtuse

Step-by-step explanation:

as one angle is bigger than 90°

5 0
3 years ago
Read 2 more answers
Other questions:
  • What is the equation of a line that passes through the points (0,5) and (4,8)? Write your answer in slope-intercept form.
    15·2 answers
  • What number would you subtract from each side of the inequality to solve y+3/8>6
    5·1 answer
  • David and his two friends
    13·1 answer
  • Use 4 fours to make 2
    14·2 answers
  • A toy rocket was launched from the ground. The function f(x) = -16x² + 160x shows the height of the rocket f(x), in feet, from t
    9·1 answer
  • Water coming out from a fountain is modeled by the function f(x) = -x2 + 6x + 6 where f(x) represents the height, in feet, of th
    12·1 answer
  • 6.8 + [(0.5 times 7) + (3.1 times 3)] answer
    6·1 answer
  • The commutative property of addiction and multiplication<br>a+b=​
    14·1 answer
  • If Madison rides for 5 hours on a bicycle, what is her rate if she rides for 60 miles?
    12·2 answers
  • -9y + 4x - 20 = 0<br> -7y + 16 - 80
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!