SOLUTION: Shirley bought some stock valued at $62.50 per share and sold it for $67.50 per share. Find the percent of profit.

SOLUTION: Shirley bought some stock valued at $62.50 per share and sold it for $67.50 per share. Find the percent of profit.

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Question 490287: Shirley bought some stock valued at $62.50 per share and sold it for $67.50 per share. Find the percent of profit.
Answer by nerdybill(7384) (Show Source): You can put this solution on YOUR website!
Shirley bought some stock valued at $62.50 per share and sold it for $67.50 per share. Find the percent of profit.
.
Profit = 67.50 - 62.50 = 5
.
%Profit:
5/62.50 * 100 = 8%
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