N uganda, susan invested ugx300,000 in the shares of a company x and ugx550,000 in the shares of a company y. after a year, she sold all the shares of both companies for ugx400,000 and ugx700,000 respectively. what is her profit from company x?
Answers
Answered by
1
Answer:
33.33%,ugx100,000
Step-by-step explanation:
Profit from company X = 400000-300000 = 100,000
Answered by
0
Given:
Her investment in company x=ugx 300,000
Her investment in company y=ugx 550,000
The cost at which she sold shares for x=ugx 400,000
The cost at which she sold shares for y=ugx 700,000
To Find:
Profit from company x.
Solution:
Profit=S.P-C.P
Profit she earned after selling the shares of company x= ugx 400,00-ugx 300,000
=ugx 100,00.
Therefore, profit she earned after selling the shares of company x=ugx 100,00.
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