# 21. you purchase 100 shares of ravioli den for $45 per share. one year later, you sell the shares

for $52 per share. during the one-year period you held the stock, you received $2 per share

in dividends. what was the percentage return on your investment in ravioli den?

a. +7%

b. +9%

c +16%

d. +20%

Posted On 05/29/2020

The correct answer was given: jmullins3611

answer: 20%

100 shares at $45each cost 100*45 = $4500

after a year, he sold the share at the rate if $52 each and it cost 52*100 = 5200

he received dividend of $2 on each dollars meaning 100*2 = $200

so,

$5200+200 = 5400

profit = $5400 – 4500 = 900

%profit = 900*100 / 4500 = 20

The correct answer was given: Brain

I believe it is 60-10=x because it says she purchased it with 60$ but recieved 10$ in change causing the amount we dont know to be a variable such as “x”

The correct answer was given: Brain

its 60-10+x why, because she bought the dress with $60 and she received $10 dollars back. We don’t know the variable.

Step-by-step explanation: