SOLUTION: Howard bought 10,000 shares of VBI stock at 18 1/2 and sold it two weeks later at 21 7/8. How much of a profit did Howard realize from his stock trades, excluding commissions?

Algebra.Com
Question 406684: Howard bought 10,000 shares of VBI stock at 18 1/2 and sold it two weeks later at 21 7/8. How much of a profit did Howard realize from his stock trades, excluding commissions?
I don't understand how to set it up...

Answer by ewatrrr(24785)   (Show Source): You can put this solution on YOUR website!

Hi
Howard bought 10,000 shares of VBI stock at 18 1/2 and sold it two
weeks later at 21 7/8. How much of a profit did Howard realize from his stock
trades, excluding commissions?
21 7/8 - 18 4/8 = 3 3/8 profit
10,000 *3.375 = $33,750 profit
RELATED QUESTIONS

Sherry bought a number of shares of stock for $250. Six months later the value of the... (answered by solver91311)
Ben bought 200 shares of a stock at Php140 a shares.A year later,he sold the stock at... (answered by josmiceli)
Tony bought a number of shares of stock for $720. A month later the value of the stock... (answered by solver91311)
Ben bought 100 shares of a stock for Php50,840.A year later,he sold the stocks at 145.50... (answered by greenestamps)
Mary Kim invested $964 in 18 shares of stock. A month later, she sold the 18 shares at... (answered by ewatrrr)
Jessica purchased x shares of stock at $32 per share. She sold all the stock for $56 per... (answered by jessica43)
1. Jonas bought 200 share of a stock for $36/625 per share, and had to pay a commission... (answered by Boreal,ikleyn)
Tyler bought 20 shares of Wal-Mart at $48.80. A year later, he bought 20 more shares at... (answered by lynnlo)
Tyler bought 20 shares of Wal-Mart at $48.80. A year later, he bought 20 more shares at... (answered by richwmiller)