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2 years ago

9

If you bought 28 shares of stock at $30/sh and sold them at $25/sh. And How much did you net after selling the shares? Was it a

profit or a loss?

1 answer:

Strike441 [17]2 years ago

5 0

Answer:

selling price$840

it's a loss.

Step-by-step explanation:

cost price = 28× 30 = $840

selling prince =25×28=$700

since cost price is bigger than selling price, it's a loss.

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3 years ago

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