# How much money did the investor gain or lose?

+1 vote
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An investor trading through a discount stock broker that charges \$10.00 Dollars per transaction bought 200 shares of Vola Tile Corporation at \$50.00 Dollars per share.
The stock quickly increased in value by 50%, but then lost 40% of its value.
The investor sold the stock.
How much money did the investor gain or lose?

posted May 20, 2020

Cost = 200×50 + 10 = \$10010
Amount after 50% hike = 10000×1.5 = \$15000
Amount after 40% drop = 15000×0.6 = \$9000
Final amount after selling = 9000 - 10 = \$8990
So he lost 10010 - 8990 = \$1020.

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