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24 September, 19:06

Tim bought 100 shares of abc at $5.25 with no load. And 100 shares of sea at$6.00 which had a load of $275. If the selling price is $1750 how much will Tim have earned?

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  1. 24 September, 19:36
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    Altogether, Tim spent

    100*$5.25 + 100*$6.00 + $275 = $1400

    on the purchase of his shares. If he sells them for $1750, he will have earned

    $1750 - 1400 = $350

    Tim will have earned $350 at the given selling price.
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