Question
upstudy study bank question image url

  1. Jenelle buys shares of stock in a company at per share. She later sells the shares
    at per share. Write an equation to show how much money, , Jenelle has made.

Ask by Wells Wells. in the United States
Mar 21,2025

Upstudy AI Solution

Tutor-Verified Answer

Answer

The equation showing how much money Jenelle has made is .

Solution

Sign in to Unlock Answers for Free!

A Learning Platform Trusted by Millions of Real Students and Teachers.

star-icon Unlock

Answered by UpStudy AI and reviewed by a Professional Tutor

Beyond the Answer

To find out how much money Jenelle has made, you can use the following equation:
This equation calculates her profit by taking the total money she earns from selling the shares (the selling price times the number of shares) and subtracting the total money she spent on buying the shares (the buying price times the number of shares). Simplifying this, you can write it as:
which means her profit per share is dollars multiplied by the number of shares .
If Jenelle bought and sold multiple shares, remembering to clearly calculate her total profit is crucial. A common mistake here is forgetting to account for the total number of shares when doing the subtraction. Always double-check your operations and ensure that you’re correctly applying multiplication for total amounts to avoid leaving money on the table!

Try Premium now!
Try Premium and ask Thoth AI unlimited math questions now!
Maybe later Go Premium
Study can be a real struggle
Why not UpStudy it?
Select your plan below
Premium

You can enjoy

Start now
  • Step-by-step explanations
  • 24/7 expert live tutors
  • Unlimited number of questions
  • No interruptions
  • Full access to Answer and Solution
  • Full Access to PDF Chat, UpStudy Chat, Browsing Chat
Basic

Totally free but limited

  • Limited Solution
Welcome to UpStudy!
Please sign in to continue the Thoth AI Chat journey
Continue with Email
Or continue with
By clicking “Sign in”, you agree to our Terms of Use & Privacy Policy