👤
Answered

Sally bought 200 shares of stock in a clothing manufacturer 4 years ago. She paid $23.45 per share. She just sold all of her shares for $34.60 per share. What was her percentage gain

Answer :

The percentage gain earned by Sally from the sales of the shares is  47.55%.

What is the percentage gain?

The percentage gain is the excess of the selling price over the cost price of the stock of shares/.

Percentage gain = (selling price - cost price) / cost price

(34.60 - 23.45) / 23.45 = 47.55%

To learn more about percentages, please check: brainly.com/question/25764815

#SPJ1

Go Teaching: Other Questions