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23 Mar 2022, 04:45
Kudos
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D
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
(low)
Question Stats:
93% (00:50) correct
7%
(01:14)
wrong
based on 126
sessions
History
Date
Time
Result
Not Attempted Yet
What is the percent profit made on the sale of 1,000 shares of stock bought at $10 per share and sold at $12 per share?
A. 0.2%
B. 2%
C. 16 2/3%
D. 20%
E. 25%
A. 0.2%
B. 2%
C. 16 2/3%
D. 20%
E. 25%
23 Mar 2022, 09:02
Kudos
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Bunuel
\(\frac{(12 - 10)*1000}{10}*100=20\), Answer must be (D)
23 Mar 2022, 13:21
Kudos
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What is the percent profit made on the sale of 1,000 shares of stock bought at $10 per share and sold at $12 per share?
Cost price = 1000*10
Selling price =1000*12
Profit = 1000*2
Percentage
\(\frac{1000*2*100}{10000 }\) = 20
IMO D
Cost price = 1000*10
Selling price =1000*12
Profit = 1000*2
Percentage
\(\frac{1000*2*100}{10000 }\) = 20
IMO D
