A trader bought 100 shares at $20 each and sold them at $25 each. What is the to

Practice Questions

Q1
A trader bought 100 shares at $20 each and sold them at $25 each. What is the total profit?
  1. $300
  2. $400
  3. $500
  4. $600

Questions & Step-by-Step Solutions

A trader bought 100 shares at $20 each and sold them at $25 each. What is the total profit?
  • Profit Calculation – Understanding how to calculate profit by subtracting the cost price from the selling price and multiplying by the number of shares.
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