ishmael702solo ishmael702solo

06-09-2018
Mathematics

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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?

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TheBreeze TheBreeze

06-09-2018

11.25 - 10.5 = 0.75

Knowing that this is the profit she makes with one share, so:

20 * 0.75 = 15

Caroline made $15 profit.

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