document.write( "Question 189860This question is from textbook
\n" ); document.write( ": Sherry bought a number of shares of stock for $250. Six months later the value of the stock had increased by $5 per share, and she sold all but 5 shares and regained her original investment plus a profit of $50. How many shares did she sell and at what price per share?\r
\n" ); document.write( "\n" ); document.write( "thank you, I will be able to solve it once I know how to set it up.
\n" ); document.write( "

Algebra.Com's Answer #142460 by solver91311(24713)\"\" \"About 
You can put this solution on YOUR website!
\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Let's start with a piece of advice that is not only good for algebra word problems, but for life in general. Begin with the end in mind.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "The end result is the number of shares sold, so let x represent the number of shares sold. And we know that the number of shares purchased is 5 more than that, so x + 5. We also need a variable to represent the initial price, let's use p. We don't need a separate variable for the sell price because we are told the price increase was $5, so the sell price can be expressed as p + 5.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "We know that the original share price is equal to the amount invested ($250)divided by the number of shares purchased:\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Furthermore, the sell price is equal to $50 more than the amount invested, or $300 divided by the number of shares sold, so:\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Which can be manipulated thus:\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Now we have two expressions in terms of x that are each equal to p, so set them equal to each other:\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "From here it is only a matter of cross-multiplying and solving the resulting quadratic. Remember to exclude the negative root because selling a negative number of shares is a logical absurdity. The positive root will be the desired answer to the question.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "John
\n" ); document.write( "
\n" ); document.write( "
\n" ); document.write( "
\n" );