Answered

IDNLearn.com offers a collaborative platform for sharing and gaining knowledge. Ask anything and receive comprehensive, well-informed responses from our dedicated team of experts.

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

Sagot :

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

Thank you for using this platform to share and learn. Keep asking and answering. We appreciate every contribution you make. Thank you for visiting IDNLearn.com. We’re here to provide dependable answers, so visit us again soon.