document.write( "Question 668794: Norman and suzanne scarpulla own 35 shares of mcdonald's stocks and 69 shares of the ohio art company stock (makers of etch and sketch and other toys). On a particular day in 2011, their stock portfolio consisting of these two stocks was worth $2814. The Mcdonalds stock was $70 more per share than the ohio art company stock. What was the price of each stock on that day? \n" ); document.write( "
Algebra.Com's Answer #415903 by mananth(16946)![]() ![]() You can put this solution on YOUR website! 35 shares of mcdonald's stocks ------x each \n" ); document.write( "and 69 shares of the ohio art company ---y each\r \n" ); document.write( "\n" ); document.write( "35x+69y=2814 \n" ); document.write( " \n" ); document.write( "y=x-70\r \n" ); document.write( "\n" ); document.write( "substitute y in the first equation \n" ); document.write( "35x+69(x-70)=2814 \n" ); document.write( "35x+69x-4830=2814 \n" ); document.write( "104x= 2814+4830 \n" ); document.write( "104x=7644 \n" ); document.write( "x=73.50 Price of Mcdonald's \n" ); document.write( "y= 3.50 Price of Ohio art company \n" ); document.write( " |