# A share of stock in the Lofty Cheese Company is quoted at 25 1/4. Suppose you hold 30 shares of that stock, which you bought at 20 1/4. If you sell your stock at 25 1/4, which one of the following statements would be true? A. You'll make a profit of $15. B. You'll suffer a loss of$150. C. You'll make a profit of $150. D. You'll suffer a loss of$15.

###### Question:

A share of stock in the Lofty Cheese Company is quoted at 25 1/4. Suppose you hold 30 shares of that stock, which you bought at 20 1/4. If you sell your stock at 25 1/4, which one of the following statements would be true?
A. You'll make a profit of $15. B. You'll suffer a loss of$150.
C. You'll make a profit of $150. D. You'll suffer a loss of$15.

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