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In Tanzania, Helen invested TZS X300,000 in the shares of company X and TZS X550,000 in the shares of company Y. After a year, she sold all the shares of both companies for TZS X400,000 and TZS X700,000 respectively. What is her profit from company X?

Respuesta :

The profit from selling the shares in company X given the selling price and the purchase price is TZS X100,000.

What is the profit from the purchase?

Profit is the total selling price less the purchase price. A profit is earned when the selling price is greater than the cost price. If this is not the case, a loss is earned.

Profit = TZS X400,000 - TZS X300,000 = TZS X100,000

To learn more about profit, please check: https://brainly.com/question/26181966

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