Question

Caroline bought 20 shares of stock at 10 1/2, and after 10 months the value of the stocks was 11 1/4. If Caroline were to sell all her shares of this stock, how much profit would she make?
A: $15
B: $10
C: $210
D: $225

Answer 1

A, because: 20x10 1/2=210

And 20x11 1/4=225

And 225-210=15

So thats the answer.

Answer 2

Answer:

Option A is correct.

$15 profit would she make

Step-by-step explanation:

Given the statement: Caroline bought 20 shares of stock at $10\frac{1}{2}$ and after 10 months the value of the stock was $11\frac{1}{4}$ if Caroline were to sell all her shares of this stock.

$\text{Profit} = 11\frac{1}{4}-10\frac{1}{2} = 11.25- 10.5 = 0.75$

Number of share = 20.

$\text{Total profit } = 0.75 \times 20 =\ 15$

Therefore, the profit would she make is, $15