an investor purchased 40 shares of stock in a company for $1,920, with an $8 commission. later, all of the…

an investor purchased 40 shares of stock in a company for $1,920, with an $8 commission. later, all of the stock was sold at $54 per share. what was the gain or loss on this investment? gain or loss = $?
Answer
Answer:
$272$
Explanation:
Step1: Calculate selling - price
$40\times54 = 2160$
Step2: Calculate net - selling - price
$2160 - 8=2152$
Step3: Calculate gain or loss
$2152-1920 = 272$