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Charlie bought 25 shares of stock at $10.50 per share and sold them for $11.25 per share. What was his ROI (Return On Investment)?
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21 votes
Charlie bought 25 shares of stock at $10.50 per share and sold them

for $11.25 per share. What was his ROI (Return On Investment)?

User Anthony Alberto
by
8.6k points

1 Answer

9 votes

Answer:

$18.75

Explanation:

11.25 - 10.50 = 0.75

0.75 • 25 = 18.75

User CaptainDaVinci
by
8.6k points
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