The answer is $87.50. You buy 50 shares of stock for 13 3/4 each: 50 * (13 3/4) = 50 * (13 + 3/4) = 50 * (52/4 + 3/4) = 50 * 55/4 = $687.50. You sell 50 shares of stock for 12 each: 50 * 12 = $600.00. So, the loss on selling 50 shares of stock originally bought at 133/4 and sold at 12 is: $687.50 - $600.00 = $87.50.
