SOLUTION: A man purchased some shares of stock for $1560. Later, when the price had gone up $24/share, he sold all but ten of them for $1520. how many shares had he bought?
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Question 936641: A man purchased some shares of stock for $1560. Later, when the price had gone up $24/share, he sold all but ten of them for $1520. how many shares had he bought?
This is a word problem in a certain chapter in our book which deals all about Quadratic Equations. I hope you could help me out. Thanks. Answer by josgarithmetic(39617) (Show Source):
He received 1520 dollars for selling x-10 shares at that price.
and the objective is for you to understand this equation and how it was developed. When you understand that, then you can solve it.