SOLUTION: Ben bought 200 shares of a stock at Php140 a shares.A year later,he sold the stock at 145.50 a share.How much money did he make on the sale excluding costs of buying and selling?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Ben bought 200 shares of a stock at Php140 a shares.A year later,he sold the stock at 145.50 a share.How much money did he make on the sale excluding costs of buying and selling?      Log On

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Question 1148530: Ben bought 200 shares of a stock at Php140 a shares.A year later,he sold the stock at 145.50 a share.How much money did he make on the sale excluding costs of buying and selling?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
+200%2A145.5+-+200%2A140+
+200%2A%28+145.5+-+140+%29+
+200%2A5.5+=+1100+
He made Php 1100