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23 December, 03:44

A person sold 100 shares of a stock at a profit of 15%. If the selling price for the 100 shares was $2,300, what was paid for the stock?

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  1. 23 December, 04:49
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    15% of 2,300 is = 345

    345 is the profit you gained

    2,300 is the selling price of the stock

    2300 (selling price) - 345 (profit) = 1955

    the paid for the stock is 1955
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