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Tom bought 60 shares of stock and later sold them for a loss of $240. What was his lost per share of stock?

Tom bought 60 shares of stock and later sold them for a loss of $240. What was his lost per share of stock?
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Tom bought 60 shares of stock and later sold them for a loss of $240. What was his lost per share of stock?

User Bbazso
by
8.1k points

2 Answers

5 votes
Loss per share = 240 / 60 = $4
User Traceyann
by
8.8k points
5 votes

Answer:

$144

Explanation:

.6 x 240

User Spike Williams
by
8.5k points
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