SOLUTION: An investor bought 600 shares of stock, some at $3.75 per share and some at $6.50 per share. If the total cost was $3212.50, how many shares of each stock did the investor buy
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Question 1134087: An investor bought 600 shares of stock, some at $3.75 per share and some at $6.50 per share. If the total cost was $3212.50, how many shares of each stock did the investor buy? (Round to two decimal places if necessary.)
--------- $3.75 per share
----------$6.50 per share
Answer by Shin123(626) (Show Source): You can put this solution on YOUR website!
Let x be the # of the $3.75 shares and y be the # of the $6.50 shares. So
250 are $3.75 shares and 350 are $6.50.
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