Ashare of stock in the lofty cheese company is quoted at 25 1/4. suppose you hold 30 shares of that stock, which you bought at 20 1/4. if you sell your stock at 25 1/4, which one of the following statements would be true?

I don't know the options, but I can say this:

if you bought it at 20 1/4 and you sell them at 25 1/4 then your win pro stock is the difference between those two numbers, which is 5. (25 1/4-20 1/4 =5)

and if you sell all of them, your profit will be 30*5=150 dollars.

The answer is c. 7 (i think) i’m almost sure though