161k views
4 votes
Maurice bought 25 shares of stock at $9.85 per share and sold them for $11.22 per share. What was his perchase price

User Drmrgd
by
6.0k points

1 Answer

7 votes
Quantity purchased: 25 shares of stock
Price purchased at: $9.85 per share

To solve:
Total purchase price = (number of shares)(price per share)
Total purchase price = (25)($9.85)
Total purchase price = $246.25
User Selindek
by
6.3k points