document.write( "Question 1030663: 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? \n" ); document.write( "
Algebra.Com's Answer #646991 by jorel555(1290)![]() ![]() ![]() You can put this solution on YOUR website! 100 shares at $100 each = $10000 \n" ); document.write( "50 shares @ (1.1)(100)=$5500 \n" ); document.write( "50 shares @ (.9)(110)= 50 shares @ $99= $4950 for the last 50 shares!!!!! \n" ); document.write( " |