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10 June, 21:42

You bought stocks in 2 different companies yesterday: 100 shares of stock "a" was purchased at $21.15 per share and gained 6% today; 50 shares of stock "b" was purchased at $14.23 per share and lost 1.5% today. What is your percentage gain or loss on your 2 stock portfolio?

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  1. 10 June, 22:43
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    4.11%

    Step-by-step explanation:

    Gain on stock a:

    (21.15 * 100) * 6/100

    126.9

    Loss on stock b:

    (14.23 * 50) * 1.5/100

    10.6725

    Net gain:

    126.9 - 10.6725

    116.2275

    Total share value:

    (21.15 * 100) + (14.23 * 50)

    2826.5

    % gain:

    116.2275/2826.5 * 100

    4.112064391%
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