An investor

An investor purchased 75 shares of stock at $42.80 per share, and 6 months later sold the shares for $47.15 per share. The $20 stockbroker fee will not be charged for this sale. Calculate the total profit or loss of the transaction.

Correct answer:

p =  326.25 USD

Step-by-step explanation:

p=75 (47.1542.80)=13054=13054 USD=326.25 USD

We will be pleased if You send us any improvements to this math problem. Thank you!


You need to know the following knowledge to solve this word math problem:

Related math problems and questions:

  • Startup
    usd Jaxon’s start up business makes a profit of $450 during the first month. However, the company records a profit of -$60 per month for the next four months and a profit of $125 for the final month. What is the total profit for the first six months of Jaxon’
  • Share
    nyse Carmen owns 5 shares of a certain stock. Yesterday the total value of her shares went down by 20 dollars. What was the change in value for each share?
  • Saving 9
    penize_40 An amount of $ 2000 is invested at an interest of 5% per month. If $ 200 is added at the beginning of each successive month but no withdrawals. Give an expression for the value accumulated after n months. After how many months will the amount has accumula
  • The Stolen Money
    magic2_1 A man walks into a store and steals a $100 bill. 5 minutes later, he returns to the store and buys stuff worth $70. He pays with the bill that he had stolen, so the owner of the store returns him $30. How many dollars did the store owner lose?
  • Find the 6
    pc_smile_1 Find the total cost of 10 computers at $ 2100 each and 7 boxes of diskettes at $12 each
  • Earnings per share
    usd The table below shows the stock price, earnings per share, and dividends per share for three companies for a recent year: Deere &Co. Price $65.70 earnings per share $4.40 Dividends per share $1.16 Google price $528.33 earnings per share $27.72 Dividends p
  • The recommended
    books The recommended price of the novel "Laughing Sun" is 285 SKK. The bookseller bought 60 pieces of the novel at the wholesale store and paid 82% of the recommended price (18% is his profit for selling books). For the recommended price, he sold 55 pieces of
  • Stock market
    money_1 Simon one day decided to invest € 62000 to the stock market. After six months, he invested July 25 stock markets fell by 47%. Fortunately for Simon, from July 25 5 to October 25 his shares have risen by 39%. Simon is then: ...
  • Temperature variations
    teplomer Today's temperature was 80 degrees, and then the temperature dropped 10 degrees. Then it dropped 15 degrees again, then the next day, the temperature went up 2 degrees. What would the temperature be?
  • Performance
    theathre Same number of tickets sold for 15 CZK, 20 CZK, 30 CZK and 40 CZK a total of CZK 13,230 on theatre performance. How many tickets were sold for this performance?
  • Discount sale
    penize_49 At Christmas Sale after a 20% discount, the cosmetic package was priced for 5 euros and 60 cents; later it went to 3 euros and 80 cents. How much percentage is the total discount?
  • Gasoline price
    fuel_pump2_1 At 34.4 cents per liter, how much will 42 liters of gasoline cost?
  • Standard deviation
    standard-dev_1 Find standard deviation for dataset (grouped data): Age (years) No. Of Persons 0-10 15 10-20 15 20-30 23 30-40 22 40-50 25 50-60 10 60-70 5 70-80 10
  • Telco company
    phones The upstairs communications company offers customers a special long-distance calling rate that includes a $0.10 per minute charge. Which of the following represents this fee schedule where m represents the number of minutes and c is the call's overall cos
  • Marketing
    statistics Year; money spent on advertising; profit 2008 2 12 2009 5 20 2010 7 25 2011 11 26 2012 15 40 1. draw a scatter diagram depicting the data. 2. calculate the Pearson's correlation coefficient. 3. determine the linear regression equation.
  • Concert
    freddie-mercury On a Concert were sold 150 tickets for CZK 360, 235 tickets for 240 CZK and 412 for 180 CZK. How much was the total revenues for tickets?
  • Salary
    platy Calculate the equivalent annual salary to an hourly wage of $ 19. Assume a 42-hour workweek.