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An investor bought 50 shares on Monday and 30 more on Wednesday at the closing prices, then sold all 80 on Thursday. What was the percentage profit on the money invested?

Competition practiceMissing-Data DI
  • A9.73%
  • B8.87%
  • C12.73%
  • D10.45%

Step-by-Step Solution

Cost = . Sale = . Profit ≈ 9.73%. (8.87% divides by the sale value.)
Answer: A) 9.73%

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