Question

I bought 100 shares for $149.57 and purchased another 100 shares a week later for $149.84....

I bought 100 shares for $149.57 and purchased another 100 shares a week later for $149.84. I then sold 50 shares for $151.89 the following week. what would my percentage return be?

What is my percentage return if I sold my stock a month later 70 shares for $148.10.

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Answer #1

We have taken the assumption that stocks are sold on FIFO basis.

Calculation of profit/ loss on sale of share is as follows:

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