SOLUTION: A speculator bought stocks and later sold them for 19170.00, making a profit of 6.5%. How much did the stocks cost him?

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Question 622379: A speculator bought stocks and later sold them for 19170.00, making a profit of 6.5%. How much did the stocks cost him?
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
 

Hi,

A speculator bought stocks and later sold them for 19170.00, making a profit of 6.5%.  

How much did the stocks cost him? 19170%2F1.065