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After several shares of the company's stock were sold, a profit of $1,320 was earned. The profit was 15% over a 30-day period. How much were the shares worth when they were originally purchased?
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44 votes
After several shares of the company's stock were sold, a profit of $1,320 was earned. The profit was 15% over a 30-day period. How much were the shares worth when they were originally purchased?

User LaGuille
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1 Answer

15 votes
15 votes

Answer:

The shares were worth $8800, when they were originally purchased.

Explanation:

:)

User Cketti
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