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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.

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IrinaVladis [17]
Given the equation, 5x + 22 = 27:

The goal is to isolate the variable. Hence, a few mathematical operations are necessary to solve for the value of x.

Start by subtracting 22 both sides:
5x + 22 - 22 = 27 - 22
5x + 0 = 5
5x = 5


Next, divide both sides by 5 to isolate and solve for the value of x:

5x/5 = 5/5

x = 1

In order to verify whether x = 1 satisfies the give equation, we must substitute its value into the given equation:

5x + 22 = 27

5(1) + 22 = 27
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27 = 27 (True statement. This implies that x = 1 is the correct value that satisfies the equation).

Therefore, the correct answer is x = 1.
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2 years ago
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6 \leqslant  \frac{4u}{ - 9}

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A point of sale transaction occurs when a debit card is used to purchase items at a grocery store. please select the best answer
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It is a true statement that; "A point of sale transaction occurs when a debit card is used to purchase items at a grocery store."

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It is a true statement that; "A point of sale transaction occurs when a debit card is used to purchase items at a grocery store."

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goldenfox [79]

Answer: She spend $1.20 for lunch.

Step-by-step explanation:

Let the total amount be 'x'.

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Therefore, she spend $1.20 for lunch.

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