After several shares of the company's stock were sold, a profit of $1,320 was earned. The profit was 15% over a 30-day period. How much were the shares worth when they were originally purchased?

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asked Nov 25, 2023 59.5k views

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After several shares of the company's stock were sold, a profit of $1,320 was earned. The profit was 15% over a 30-day period. How much were the shares worth when they were originally purchased?

Mathematics
high-school

Zachary Turner asked

by Zachary Turner

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Answer:

The shares were worth $8800, when they were originally purchased.

Explanation:

John Pang answered Nov 29, 2023

by John Pang

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