Question

if you bought 100 shares of AMC stock at $2 a share ($200 spent) and sold them for $15 a share, whats was your total return?

Answer 1

If you bought shares at a cost of $200 and you now sold them for $15 a share which means you've sold for;

15 x 100 = 1500

Your total return shall be

`\begin{gathered} \text{Profit}=\text{Sales}-\text{Cost} \\ \text{Profit}=1500-200 \\ P\text{rofit}=1300 \end{gathered}`

Your total return would be $1,300