Question

Castille sold 35 shares of stock for $47.50 a share. She bought the stock for $51 a share
last year. What was her dollar return (loss), not counting the commission?
$_____loss

Answer 1

Answer:

$122.50

Explanation:

The loss  will be selling price minus buying price

Loss = (35 x $47.50) - ($35 x 51)

Loss = $1,662.50 - $1,785.00

Loss = -$122.50

Loss = $122.50