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Calculate the loss on selling 50 shares of stock originally bought a 13 3/4 force and sold at 12.

Calculate the loss on selling 50 shares of stock originally bought a 13 3/4 force and sold at 12.
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4 votes
Calculate the loss on selling 50 shares of stock originally bought a 13 3/4 force and sold at 12.

User Oobgam
by
7.7k points

1 Answer

4 votes

Purchase Stock Costs
50 x 13.75 = 687.50

Sold Stock Costs
50 x 12.00 = 600.00
-------------
Loss - 87.50
User Sri Reddy
by
8.0k points
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