Ask Question
9 May, 04:01

How do you calculate the net profit/loss in a scenario in which an investor bought 200 shares at $10/share, then decided to sell all 200 at $25/share? there's a 2% commission fee for all buy and sell transactions.

+1
Answers (1)
  1. 9 May, 07:58
    0
    Net is the total received from sale - the amount of purchase - total fees.

    The purchase cost is 200 * 10 * 1.02 = qty * price * commission = $2040

    The proceed are 200 * 25 - (0.02 * 200 * 25) = $4900

    so the profit is 4900 - 2040 = $2860
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “How do you calculate the net profit/loss in a scenario in which an investor bought 200 shares at $10/share, then decided to sell all 200 at ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers