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
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Mrs. Jones bought stock valued at $90 a share and sold it for $120. What was the percent of profit?
Answer by
dcharlequin(6)
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120 divided by 90 = 1.33
At 1. or 100% she got all of her money back.
This leaves .33 or 33% as profit.