document.write( "Question 344049: can you please explain how you get the answer step by step\r
\n" ); document.write( "\n" ); document.write( "Mr. Wise bought $1950 woth of stock, some at $3 per share and some at $4.50 per share. If he bought a total of 450 shares of stock, how many of each did he buy?\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "thank you
\n" ); document.write( "april
\n" ); document.write( "

Algebra.Com's Answer #246192 by nerdybill(7384)\"\" \"About 
You can put this solution on YOUR website!
Mr. Wise bought $1950 woth of stock, some at $3 per share and some at $4.50 per share. If he bought a total of 450 shares of stock, how many of each did he buy?
\n" ); document.write( ".
\n" ); document.write( "Let x = number of $3.50 shares purchased
\n" ); document.write( "and y = number of $4.50 shares purchased
\n" ); document.write( ".
\n" ); document.write( "From: \"Mr. Wise bought $1950 woth of stock\" we get
\n" ); document.write( "3.50x + 4.50y = 1950 (equation 1)
\n" ); document.write( ".
\n" ); document.write( "From: \"If he bought a total of 450 shares of stock\" we get
\n" ); document.write( "x + y = 450 (equation 2)
\n" ); document.write( ".
\n" ); document.write( "Apply the \"addition\" method:
\n" ); document.write( "3.50x + 4.50y = 1950
\n" ); document.write( "x + y = 450
\n" ); document.write( ".
\n" ); document.write( "Multiply the bottom equation by -3.50:
\n" ); document.write( "3.50x + 4.50y = 1950
\n" ); document.write( "-3.50x - 3.50y = -1575
\n" ); document.write( ".
\n" ); document.write( "Add the two equations together:
\n" ); document.write( "3.50x + 4.50y = 1950
\n" ); document.write( "-3.50x - 3.50y = -1575
\n" ); document.write( "--------------------------
\n" ); document.write( "1.50y = 375
\n" ); document.write( "y = 250 shares at $4.50
\n" ); document.write( ".
\n" ); document.write( "Shares at $3.50, substitute above into equation 2:
\n" ); document.write( "x + y = 450
\n" ); document.write( "x + 250 = 450
\n" ); document.write( "x = 200 shares at $3.50
\n" ); document.write( "
\n" ); document.write( "
\n" );