124 Views

**How do you calculate the net profit/loss in a scenario in which an investor bought 200 shares at $10/share, then decided to sell all 200 at $25/share?**

there's a 2% commission fee for all buy and sell transactions.

**Answer**

Net is the total received from sale - the amount of purchase - total fees.

The purchase cost is 200 * 10 * 1.02 = qty * price * commission = $2040 The proceed are 200 * 25 - (0.02 * 200 * 25) = $4900 so the profit is 4900 - 2040 = $2860

To see more answers head over to College Study Guides

##### Virtual Teaching Assistant: Colleen R.

##### Question Level: Basic

##### Karma: Free

##### Upload Date: 5/31/2017

This 38 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 124 views.