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Tom bought 60 shares of stock and later sold them for a loss of $240. What was his lost per share of stock?
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26 votes
26 votes
Tom bought 60 shares of stock and later sold them for a loss of $240. What was his lost per share of stock?

User Mario Werner
by
3.4k points

2 Answers

14 votes
14 votes
Loss per share = 240 / 60 = $4
User Enjayem
by
3.1k points
21 votes
21 votes

Answer:

$144

Explanation:

.6 x 240

User Ossie
by
2.8k points
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