In Uganda, Susan invested UGX300,000 in the shares of a company X and UGX550,000 in the shares of a company Y. After a year, she sold all th

Question

In Uganda, Susan invested UGX300,000 in the shares of a company X and UGX550,000 in the shares of a company Y. After a year, she sold all the shares of both companies for UGX400,000 and UGX700,000 respectively. What is her profit from company X?

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Emery 1 week 2021-11-20T19:30:48+00:00 1 Answer 0 views 0

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    2021-11-20T19:32:11+00:00

    Answer:

    UGX100,000

    Step-by-step explanation:

    Profit = Selling price – cost

    UGX400,000 – UGX300,000

    = UGX100,000

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