Supposed you paid 41 and 1/8 for 72 shares of Buzz stock and sold them at 49 and 1/4 .The total brokerage fee was 1/8 dollar per share and all other charges amounted to \$32.52
Suppose you paid 411 8 for 72 shares of Buzz stock and sold them at 491 4. The total brokerage fee was 1 8 dollar per share and all other charges amounted to \$32.52 You sell one share for 49 1/4 and your cost is 41 1/8 ;Your profit is 49 1/4 -41 1/8 = \$8. * 72 =\$576. - \$32.52 = \$543.48 ; Total investment is 72 * 41 1/8 = \$2961 Selling Price: \$49.25 × 72 = \$3,546.00 Total brokerage fee: \$0.125 × 72 = \$9.00 Total expenses: \$9.00 + \$ 32.52 = \$41.52 Profit: \$3,546.00 - \$41.52 - \$2,961.00 = \$543.48 b. Percent: \$543.48 ÷ \$2,961.00 = 0.1835, or 18.4%
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Updated 2/21/2023 3:02:32 AM
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Suppose you paid 411 8 for 72 shares of Buzz stock and sold them at 491 4. The total brokerage fee was 1 8 dollar per share and all other charges amounted to \$32.52 You sell one share for 49 1/4 and your cost is 41 1/8 ;Your profit is 49 1/4 -41 1/8 = \$8. * 72 =\$576. - \$32.52 = \$543.48 ; Total investment is 72 * 41 1/8 = \$2961 Selling Price: \$49.25 × 72 = \$3,546.00 Total brokerage fee: \$0.125 × 72 = \$9.00 Total expenses: \$9.00 + \$ 32.52 = \$41.52 Profit: \$3,546.00 - \$41.52 - \$2,961.00 = \$543.48 b. Percent: \$543.48 ÷ \$2,961.00 = 0.1835, or 18.4%

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