What is the total profit from shares that your purchased for $50 each plus a commission of $12, and then sold the shares for $60 each 2 years later minus a commission of $25.

Question

Quizplus · Accepted Answer

The profit per share is calculated by subtracting the purchase price and commission from the selling price and commission: ($60 - $25) - ($50 + $12) = $35 - $62 = -$27. Since the question asks for total profit, we assume multiple shares were involved. However, the options suggest a specific calculation, and $963 is the closest to a reasonable total profit calculation based on the given numbers.

What Is the Total Profit from Shares That Your Purchased