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)?

Mycah asked Aug 23, 2023

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41 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)?

Mycah asked Aug 23, 2023

by Mycah

2.5k points

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19 votes

Answer:

$18.75

Explanation:

11.25 - 10.50 = 0.75

0.75 • 25 = 18.75

Shenell answered Aug 29, 2023

2.8k points

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