The profit per share can be solved by subtracting the amount that is initially paid to buy or purchased the share from the final amount when it was finally sold. From the given values above, the profit per share will be,
profit per share = $19.25 - $15.75
= $3.5
Thus, each share will gain $3.5.
7.50 is the answer. It’s essentially the same thing as 7.5, just made it 7.50 since it has to be rounded.
Answer: E. 2/3
Step-by-step explanation:
Division is the same thing as fractions. So 2 divided by 3 is the same thing as 2/3
400 divided by the 2 teams would be a unit rate of $200 per team