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Profit on each share = (23.25 - 19.65) = 3.60

Profit on 80 shares = (80) x (3.60) = 288, before commissions and taxes.

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Q: A man bought a abc stock at 19.65 per share and it sold at 23.25 per share what was his profits on 80 shares before deductions for commissions and taxes?
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A man bought abc stock for 19.65 per share and sold it at 23.25 per share what was his profit on 80 shares before deductions for commissions and taxes?

23.25-19.65=3.6 3.6*80=$288 $288 is the total profit.


A man bought abc at 19.65 per share and it sold at 23.25 per share what was his profit on 80 shares before deductions for commissions and taxes?

If bought at 19.65 and sold at 23.25 per share the profit from one share is equal to 3.60. For 80 shares the profit would be 288.


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