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Mathematics, 24.02.2020 22:37 ebh3

10. Sam and Jessica have a contest to see who can earn more profit by investing $1,000 in the stock market. Sam
buys 50 shares of SmartphoneCo for $20.share. Jessica buys 200 shares of Juice Co for $5/share. A year later,
Sam sells his SmartPhoneCo stock for $22.share and Jessica sells her JuiceCo stock for $7.share. Whose figures
below are correct when it comes to calculating their profits?
a. Sam had a profit of $1100 and Jessica's profit was $1,4000
b. Sam and Jessica both had a total profit of $2
C. Jessica had a profit of $4000 and Sam had a profit of $100
d. Sam and Jessica both had a total profit of $1,000
e. Since SmartPhoneCo stock was sold at a higher price than JuiceCo, Sam had more profit than Jessica

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10. Sam and Jessica have a contest to see who can earn more profit by investing $1,000 in the stock...
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