SOLUTION: Mrs. Jones bought stock valued at $90 a share and sold it for $120. What was the percent of profit?

SOLUTION: Mrs. Jones bought stock valued at $90 a share and sold it for $120. What was the percent of profit?

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Question 326909: Mrs. Jones bought stock valued at $90 a share and sold it for $120. What was the percent of profit?
Answer by dcharlequin(6) (Show Source): You can put this solution on YOUR website!
120 divided by 90 = 1.33
At 1. or 100% she got all of her money back.
This leaves .33 or 33% as profit.
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