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9 August, 02:22

In 2010 Harry bought 200 shares in ford motors company stock for 35.21 per share in 2018 he sold the shares for 26.78 each express his capital loss as a percent

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  1. 9 August, 04:19
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    23.94%

    Step-by-step explanation:

    In 2010, Harry bought 200 shares in ford motors company stock for $35.21 per share. This means that the cost price of buying the 200 shares is:

    C = 200 * 35.21 = $7042

    In 2018, he sold the shares for $26.78 per share. The selling price of 200 shares is:

    S = 200 * 26.78 = $5356

    The loss is given as the cost price minus selling price. That is:

    L = CP - SP

    L = 7042 - 5356

    L = $1686

    Percentage loss is given as loss divided by cost price multiplied by 100:

    %L = 1686 / 7042 * 100

    %L = 23.94%
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