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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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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