Miguel paid a total of $12,000 for stock that was $8 per share. if he sold his shares for $15,000, how much profit on each share did he make?

$2

Step-by-step explanation:

Cost of 1 share = $8

He bought Shares for amount $12,000

So, He bought number of shares =

                                                       =

Now he sold 1500 shares for amount $15000.

So, S.P. of 1 share =

                              =

So, S.P. of 1 share = $10

C.P. of 1 share = $8

So, profit = S.P. - C.P.

                = $10-$8

                =$2

Thus he made $2 as profit on each share.

step-by-step explanation:

-2x + 7 = 7

subtract 7 from both sides.

-2x = 0

divide both sides by -2.

x = 0