Question

Jose bought 20 shares of Netflix at the close price of $117.98. In a few years, Jose sells all of his shares at $128.34. How much money did Jose make?

Answer 1

$207.20 -_- APEX

Explanation:

Answer 2

Jose made $207.20

Explanation:

We have been given that Jose bought 20 shares of Netflix at the close price of $117.98.

Hence, cost price of the shares = 20 × 117.98 = $2359.60

Now, Jose sells all of his shares at $128.34.

Hence, selling price of the shares = 20 × 128.34 = $2566.8

Therefore, the profit is given by

Profit = selling price - cost price

Profit = 2566.80 - 2359.60

Profit = $207.20

Therefore, Jose made $207.20