SOLUTION: Dave and Judi Mihaly own 50 shares of Microsoft and 50 shares of Apple. At the close of markets their stock portfolio was worth $6035.90. The closing price of microsoft was $60.68

Question 321634: Dave and Judi Mihaly own 50 shares of Microsoft and 50 shares of Apple. At the close of markets their stock portfolio was worth $6035.90. The closing price of microsoft was $60.68 less than the closing price of Apple. What was the price of eachstock that day?
Answer by mananth(16946) (Show Source): You can put this solution on YOUR website!
Apple closing price be x
Microsoft closing price = x-60.68
..
50x+50(x-60.68)=6035.90
50x+50x-3034=6035.90
100x=9069.90
x= $906.99 Apple price
906.99-60.68= $846.31 Microsoft price

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