AkshatRas's Profile
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AkshatRas loves solving puzzles at PuzzleFry.com. I am proud PuzzleFry member and like my time invested in solving brain teasers.
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Im sorry but your answer is incorrect. Here is the real solution:
Cost of Shares = $10,000
Transaction amt = $10
Investment = $10,010When calculating real-time dollars, you must include the $10 in your % of increase/decrease.
Hence =
$10,010 + 50% = $15,015
$15,015 – 40% = $9,009
To sell the shares, you need to subract an additional $10 for transaction fees.
= $9.009 – $10 = $8,999
Actual Loss = $10,010 – $8,999 = $1,011
Dat investor got played homeboi. Rasdawg out \m/
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