Question

Caroline bought 20 shares of stock at 101/2, and after 10 months the value of the stocks was 111/4. If Caroline were to sell all her shares of this stock, how much profit would she make? A. $15 B. $10 C. $225 D. $210

Answer 1

First,
101.2=10.50
111/4=11.25
Second, we minus our old by the new.
11.25-10.50=0.75
Then, we times the by stock;answer is below.
0.75 * 20 = 15

Answer 2

Option A is correct that is $15.

Explanation:

Caroline bought 20 shares of stock at
`10(1)/(2)=(21)/(2)`, and after 10 months the value of the stocks was
`11(1)/(4)=(45)/(4)`.

We need to calculate the profit which is the difference of the two values of the stock.

`(45)/(4)-(21)/(2)`

`(3)/(4)`

The above value is for 1 share we have to calculate it for 20 shares

So, we will multiply it with 20 we get:

`(3)/(4)\cdot 20=15`

Therefore, Option A is correct that is $15.