document.write( "Question 701091: Hello - I need assistance. I have a problem that I can't seem to figure out; please see below,\r
\n" ); document.write( "\n" ); document.write( "A person has 17,000 invested in stock A and stock B. Stock A currently sells for $50 a share and stock B sells for $60 a share. If stock B doubles in value and stock A goes up 50%, his stock will be worth $31,500. How many shares of each stock does he own?\r
\n" ); document.write( "\n" ); document.write( "Word problems are the worst for me because I am never sure where to start. Once I have the equation I can solve but getting it is the problem. If you can help I would greatly appreciate it.\r
\n" ); document.write( "\n" ); document.write( "Thanks.
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Algebra.Com's Answer #432211 by neatmath(302)\"\" \"About 
You can put this solution on YOUR website!

I believe the two equations you would need are:
\r
\n" ); document.write( "\n" ); document.write( "\"50A%2B60B=17000\" and
\r
\n" ); document.write( "\n" ); document.write( "\"75A%2B120B=31500\" A goes up 50% to 75, B doubles to 120
\r
\n" ); document.write( "\n" ); document.write( "Using elemination seems to be the easiest method to solve:
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\n" ); document.write( "\n" ); document.write( "\"-100A-120B=-34000\" Equation 1 multiplied by -2
\r
\n" ); document.write( "\n" ); document.write( "Add this to the second equation to get:
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\n" ); document.write( "\n" ); document.write( "\"-25A=-2500\"
\r
\n" ); document.write( "\n" ); document.write( "\"A=100\"
\r
\n" ); document.write( "\n" ); document.write( "Then substitue back in Equation 1:
\r
\n" ); document.write( "\n" ); document.write( "\"50%2A100%2B60B=17000\"
\r
\n" ); document.write( "\n" ); document.write( "\"5000%2B60B=17000\"
\r
\n" ); document.write( "\n" ); document.write( "\"60B=12000\"
\r
\n" ); document.write( "\n" ); document.write( "\"B=200\"
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\n" ); document.write( "\n" ); document.write( "So we have 100 shares of Stock A, and 200 shares of Stock B!
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\n" ); document.write( "\n" ); document.write( "I hope this helps! Keep practicing! :)
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