Q: A share of stock in the bree medical supply company is quoted at 35.25 suppose you hold 20 shares of that stock which you bought at 31.50 if you sold your stock at 35.25 which of the following?

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You made a profit of $75.oo :)

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profit of75.00

The question isn't quite clear therefore there are two answers depending on the interpretation of the question. # Assuming a customer bought the bag for 40 and the company earned a 15% profit, then the profit would be 40 x 15% = 6 # Assuming the company bought the bag for 40 and then sold it on for 15% profit, then the selling price would be 40/(100% - 15%) = 47.06 giving a profit of 7.06

Find out if it isn't too late to return it to the company and get the money or credit back.

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You made a profit of $75.oo :)

You would sell it for 31 12.

75.00

34.25 x 20 = 705 and and bought at 31.50 x20 =630.... so if it was originally purchased at 630 and can now be sold at 705, I would say your answer is a profit of 75.

The one that bought it I suppose.

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