After several shares of the company's stock were sold, a profit of $1,320 was earned. the profit was 15% over a 30 day period. how much were the shares worth when they were originally purchased?

The shares were worth $8800, when they were originally purchased.

Step-by-step explanation:

After several shares of the company's stock were sold, a profit of $1,320 was earned.

The profit was 15% over a 30 day period.

Let the original price of the shares be = x

As there was a profit of 15% on x.

We get the following expression;

Then x = 8800

Hence, the shares were worth $8800, when they were originally purchased.

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