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1 vote
You purchase 200 shares of Ravioli Den for $35/share. One year later, you sell the shares for

$52/share. What was your TOTAL GAIN for your investment in Ravioli Den?

2 Answers

1 vote

Answer:

Your total gain would be $3400

Explanation:

$35*200=7000

52*200=10400

10400-7000=3400

User Victor Levin
by
3.1k points
6 votes

Answer:

3400

Explanation:

Multiply 52 times 200 and then subtract 200×35

User Sebastian Krysiak
by
3.5k points