SOLUTION: Please help me solve this problem. An investor bought 150 shares of Fly-Hi Airlines stock. He paid $60 per share for 50 shares, $50 per share for 60 shares, and $75 per share

Question 391681: Please help me solve this problem.

An investor bought 150 shares of Fly-Hi Airlines stock. He paid $60 per share for 50 shares, $50 per share for 60 shares, and $75 per share for 40
shares. What was his average cost per share?
Answer by mananth(16946) (Show Source): You can put this solution on YOUR website!
An investor bought 150 shares of Fly-Hi Airlines stock. He paid $60 per share for 50 shares, $50 per share for 60 shares, and $75 per share for 40
shares. What was his average cost per share?
...
average price = total price / total number of shares
Average price =
Average price = $60
...
m.ananth@hotmail.ca
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