> Stock calculating?

Stock calculating?

Posted at: 2014-12-05 
What was the total profit from the sale of 100 shares of stock at 17, if the stock had been purchased at 13 1/4 , and if it paid one dividend of $1.65?

What was the cost of stock? $13.25 per share

What was the selling price? $17 per share

What was the profit from the sale? $17 - 13.25 = $3.75 per share

What was the total profit? $3.75 capital gain + dividend $1.65 = $5.40 per share

$540

What was the total profit from the sale of 100 shares of stock at 17, if the stock had been purchased at 13 1/4 , and if it paid one dividend of $1.65?

What was the cost of stock?

What was the selling price?

What was the profit from the sale?

What was the total profit?