A day full of math games & activities. Find one near you.
A day full of math games & activities. Find one near you.
A day full of math games & activities. Find one near you.
A day full of math games & activities. Find one near you.
Calculate the loss on selling 50 shares of stock originally bought at 13 3/4 and sold at 12.
$600.00
$87.50
$687.50
$80.50
Solution:
Number of shares = 50
Cost of the shares = 13 ¾ = 13.75
Let us calculate the loss incurred.
So cost at which 50 shares are bought = 50 × 13.75 = $687.50
Cost at which the shares are sold = 12
So cost at which 50 shares are sold = 50 × 12 = $600
Loss on selling 50 shares = cost at which 50 shares are bought - cost at which 50 shares are sold
= 687.50 - 600
= $ 87.50
Therefore, the loss on selling 50 shares is $ 87.50.
Calculate the loss on selling 50 shares of stock originally bought at 13 3/4 and sold at 12.
$600.00
$87.50
$687.50
$80.50
Summary:
The loss on selling 50 shares of stock originally bought at 13 3/4 and sold at 12 is $ 87.50.
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