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sesenic
4 days ago
5

You bought stocks in 2 different companies yesterday: 100 shares of stock "a" was purchased at $21.15 per share and gained 6% to

day; 50 shares of stock "b" was purchased at $14.23 per share and lost 1.5% today. What is your percentage gain or loss on your 2 stock portfolio?
Mathematics
1 answer:
AnnZ [12.3K]4 days ago
6 0

Answer:

4.11%

Step-by-step explanation:

Profit on stock a:

(21.15 × 100) × 6/100

126.9

Loss incurred on stock b:

(14.23 × 50) × 1.5/100

10.6725

Overall profit:

126.9 - 10.6725

116.2275

Complete share value:

(21.15 × 100) + (14.23 × 50)

2826.5

Percentage gain:

116.2275/2826.5 × 100

4.112064391%

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