The profit is the sale price minus the purchase price minus the transaction costs.
If bought at 19.65 and sold at 23.25 per share the profit from one share is equal to 3.60. For 80 shares the profit would be 288.
Since the man bought 80 shares and each of them costs 19.65, he spent: (80)(19.65) = 1572 He sold it for: (80)(23.25) = 1860 So his profit is: 1860 - 1572 = 288
A man bought abc stock at 19.65 per share and it sold at 23.25 per share what was his profit on 80 shares before deduction for commissions and taxes the answer is 288.00
23.25-19.65=3.6 3.6*80=$288 $288 is the total profit.
$23.25 - $19.65 = $3.60/share $3.60 x 80 = $288.00 gross profit
Profit on each share = (23.25 - 19.65) = 3.60Profit on 80 shares = (80) x (3.60) = 288, before commissions and taxes.
$3oo.Oo
First, I will attempt to translate your question. A man bought abc stock at $19.625 per share and sold it at $23.25 per share. What was his profit on 80 shares before deductions for commissions and taxes? Assuming my translation is correct, his gross profit was ($23.25 - 19.625) x 80.
23.25 19.65 _____ 03.60/share * 80 = $288. Why you put this in relationships is stupid. That's why I'm moving it to math.
I'd hate to be the one who had to break the news to him, but he lost $176.40 on each and every share.On 80 shares, he lost $14,112, plus whatever commissions he had to pay to the genius whoguided him through this catastrophe before leaving for his monthly weekend in Bermuda.
14.28% Lets say each toy costs $10. Then, 7 toys (cost $70) were sold for $80. Profit = $10. Profit percentage = ($10/$70)*100 = 14.28%
Marshall bought 20 refills for a total cost of 50, which means each refill cost him 2.50. If he sold them for 4 each, his total revenue from selling all 20 refills is 80 (20 refills x 4). His profit is calculated as revenue minus cost, which is 80 - 50 = 30. To find the profit percent, divide the profit by the cost and multiply by 100: (30 / 50) x 100 = 60%. Thus, Marshall made a profit of 60%.