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23-07-2018
Mathematics

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A business person invested $3600.00 in stock .When he sold the stock he made $30.00 in profit for each share of stock he purchased.If his total profit was $2400.00 How many shares of stock did he purchase?

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Аноним Аноним

23-07-2018

Given that the total profit is $2400.00 and he made $30.00 in profit for each share.

Number of shares = $2400 ÷ 30 = 80

Answer: He bought 80 shares

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