Ask Question
30 August, 17:18

Mr. Ellison lost $3 per share on the Triple E Stock he purchased last year. He purchased 250 shares. Express Mr. Ellison's loss as an integer.

A) $250

B) $500

C) $750

D) - $750

+1
Answers (1)
  1. 30 August, 17:38
    0
    First, let's take a look at what was given in the problem. We are looking for the loss that Mr. Ellison incurred when he invested in a stock. Each share that he bought was $3 dollars and he bought a total of 250 shares. Now if he would want to get the total price of how much he spent, we just have to multiply 3 with 250. We will get an answer of 750. Now do remember that he incurred a loss and not a gain, so the proper way to write the answer is (750) or - 750. So the answer to this problem is D.) - 750
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Mr. Ellison lost $3 per share on the Triple E Stock he purchased last year. He purchased 250 shares. Express Mr. Ellison's loss as an ...” in 📙 Mathematics 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