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?