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Caroline bought 20 shares of stock at 101/2, and after 10 months the value of the stocks was 111/4. If Caroline were to sell all her shares of this stock, how much profit would she make

Verified Answer :

Edufirst

I believe that the right prices are \(10 \frac{1}{2}\) and \(11 \frac{1}{4}\).

Based on that the profit per share is 11.25 - 10.5 =0.75

Now muliply the profit per share by the number of shares: 20*0.75 = 15

The profit would be 15.

Answer:

$15 profit would she make

Step-by-step explanation:

Given the statement: Caroline bought 20 shares of stock at @@MATH_TOKEN_0@@ and after 10 months the value of the stock was @@MATH_TOKEN_1@@ if Caroline were to sell all her shares of this stock.

@@MATH_TOKEN_2@@

Number of share = 20.

@@MATH_TOKEN_3@@

Therefore, the profit would she make is, $15

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