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27 July, 00:50

Elly buys 75 shares of stock in a mutual fund for a total investment of $450. She sells 50 shares of her stock for total proceeds of $400. Determine if Elly made a profit or loss, and how much per share.

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  1. 27 July, 01:15
    0
    450/75 is 6 dollars

    400/50 is 8 dollars

    So yes there was a gain
  2. 27 July, 04:10
    0
    She made $2 per share
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