Ed Bought $2,000 In Stock Shares One Week Before The Stock Price Dropped $10.00. If He Had Waited For The Price Setback, He Could Have Bought 10 More
Ed bought $2,000 in stock shares one week before the stock price dropped $10.00. If he had waited for the price setback, he could have bought 10 more shares for the same amount. How many shares did he buy?
The solution is: Ed bought 40 shares.
(n+10)(p−$10)=$2000
Or
np−$10n+10p−$100=$2000
Comments
Post a Comment