Question

Martin bought 30 shares of microsoft at the close price of $24.53. in a few years, martin sells all of his shares at $33.71. how much money did martin make?

Answer 1

The answer is $275.40

Answer 2

Money that Martin make is $ 275.9

Explanation:

Number of shares Martin Bought = 30

Cost Price of a share = $ 24.53

Total Cost price of all share = 30 × 24.53 = $ 735.9

Selling Price of a share = $ 33.71

Total Selling Price of all shares = 30 × 33.71 = $ 1011.3

Profit money that Martin make = 1011.3 - 735.9 = $ 275.9

Therefore, Money that Martin make is $ 275.9