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09-09-2021
Mathematics

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You sell 500 shares of Arena Pharmaceuticals (ARNA) at $3.15 . You purchased the stock at $1.28. How much profit did you make?

Respuesta :

samranadim samranadim

09-09-2021

Answer:

Profit = 935

Step-by-step explanation:

Purchase price: 500×1.28=640

Selling price: 500×3.15=1575

Profit: selling price - purchase price = profit

1575 - 640 = 935

Profit = 935

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