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If a stock is bought at $80 and sold at $100, what is the profit in dollars?

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Question: If a stock is bought at $80 and sold at $100, what is the profit in dollars?

Options:

  1. $15
  2. $20
  3. $25
  4. $30

Correct Answer: $20

Solution: 

Profit = Selling Price - Cost Price = 100 - 80 = $20

If a stock is bought at $80 and sold at $100, what is the profit in dollars?

Practice Questions

Q1
If a stock is bought at $80 and sold at $100, what is the profit in dollars?
  1. $15
  2. $20
  3. $25
  4. $30

Questions & Step-by-Step Solutions

If a stock is bought at $80 and sold at $100, what is the profit in dollars?
  • Step 1: Identify the cost price of the stock, which is $80.
  • Step 2: Identify the selling price of the stock, which is $100.
  • Step 3: Use the profit formula: Profit = Selling Price - Cost Price.
  • Step 4: Substitute the values into the formula: Profit = 100 - 80.
  • Step 5: Calculate the result: Profit = 20.
  • Step 6: Conclude that the profit in dollars is $20.
  • Profit Calculation – Understanding how to calculate profit by subtracting the cost price from the selling price.
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