Question
Three friends bought equal shares in an investment for a total of $$ 21,000 .$ They sold it later for $$ 17,232 .$ How much did each person profit?
Step 1
We do this by subtracting the selling price from the buying price. In mathematical terms, this is represented as: \[Total Loss = Buying Price - Selling Price\] Substituting the given values, we get: \[Total Loss = \$21,000 - \$17,232 = -\$3,768\] Show more…
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