Mr Lim has 400 shares of Stock A and 500 shares of Stock B .He gains $3.00 per share from Stock A and loses $2.00 per share from Stock B .How much does he gain or lose from these two stocks taken together?

What is 400(3) + 500(-2) ?

400(3) + 500(-2) = 200

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To find out how much Mr. Lim gains or loses from these two stocks taken together, we need to calculate the total gain or loss for each stock separately and then add them together.

Let's start with Stock A:
Mr. Lim has 400 shares of Stock A, and he gains $3.00 per share. So, the total gain from Stock A is 400 shares multiplied by $3.00, which equals $1200.00.

Now let's move on to Stock B:
Mr. Lim has 500 shares of Stock B, and he loses $2.00 per share. Therefore, the total loss from Stock B is 500 shares multiplied by $2.00, which equals $1000.00.

To find the overall gain or loss, we subtract the total loss from the total gain: $1200.00 (from Stock A) - $1000.00 (from Stock B) = $200.00.

Therefore, Mr. Lim gains $200.00 from these two stocks taken together.