Calculate the loss on selling 50 shares of stock originally bought at 13 3/4 and sold at 12.
$600.00
$87.50
$687.50
$80.50

Solution:

Number of shares = 50

Cost of the shares = 13 ¾ = 13.75

Let us calculate the loss incurred.

So cost at which 50 shares are bought = 50 × 13.75 = $687.50

Cost at which the shares are sold = 12

So cost at which 50 shares are sold = 50 × 12 = $600

Loss on selling 50 shares = cost at which 50 shares are bought - cost at which 50 shares are sold

= 687.50 - 600

= $ 87.50

Therefore, the loss on selling 50 shares is $ 87.50.

Calculate the loss on selling 50 shares of stock originally bought at 13 3/4 and sold at 12.
$600.00
$87.50
$687.50
$80.50

Summary:

The loss on selling 50 shares of stock originally bought at 13 3/4 and sold at 12 is $ 87.50.