Miguel paid a total of $12,000 for stock that was $8 per share. If he sold his shares for $15,000, how much profit on each share did he make?

If you would like to know how much profit on each share did he make, you can calculate this using the following steps:

$12,000 / $8 = 1,500 shares

$15,000 / 1,500 shares = $10 per share

x% of $8 is $10

x/100 * 8 = 10 / * 100/8

x = 10 * 100 / 8

x = 125%

125% - 100% = 25%

Miguel made 25% ($2) profit on each share.