SajjadAhmad wrote:
John buys 100 shares of stock at $100 per share. The price goes up by 10% and he sells 50 shares. Then, prices drop by 10% and he sells his remaining 50 shares. How much did he get for the last 50?
A. $5000
B. $5500
C. $4900
D. $5050
E. $4950
TPR
Given: John buys 100 shares of stock at $100 per share. The price goes up by 10% and he sells 50 shares. Then, prices drop by 10% and he sells his remaining 50 shares.
Asked: How much did he get for the last 50?
John buys 100 shares of stock at $100
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