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Calculate the loss on selling 50 shares of stock originally bought at 133/4 and sold at 12. A. $87.50 B. $80.50 C. $687.50 D. $600.00
$87.50 loss on selling 50 shares of stock originally bought at 133/4 and sold at 12. Loss per share = 13 3/4 -12 = 55/4 - 12 = (55-48)/4 =7/4 . Number of shares = 50. total loss = 50 * 7/4 = 350 /4 =175/2 =$ 87.50
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Asked 2/25/2019 1:25:47 AM
Updated 174 days ago|5/8/2020 10:28:46 PM
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$87.50 loss on selling 50 shares of stock originally bought at 133/4 and sold at 12.


Loss per share = 13 3/4 -12 = 55/4 - 12 = (55-48)/4 =7/4 . Number of shares = 50. total loss = 50 * 7/4 = 350 /4 =175/2 =$ 87.50
Added 174 days ago|5/8/2020 10:28:46 PM
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