SOLUTION: Fred and Staci Whittingham own 40 shares of Procter and Gamble stock and 25 shares of Microsoft stock. At the close of the markets on September 25, 1997, their stock portfolio was

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Question 1042484: Fred and Staci Whittingham own 40 shares of Procter and Gamble stock and 25 shares of Microsoft stock. At the close of the markets on September 25, 1997, their stock portfolio was worth $6,058.75. The closing price of Microsoft stock was $64.25 more per share than the closing price of Procter and Gamble stock on that day. What was the price of each stock on September 25, 1997? (Source: Based on data from Standard and Poor’s ComStock)
Answer by Boreal(15235) About Me  (Show Source):
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PandG=x
M=x+64.25
25(x+64.25)+40x=6058.75
25x+1606.25+40x=6058.75
65x=4452.50, subtracting 1606.25 from both sides and combining x.
x=$68.50 P and G
40x=$2740
x+$64.25=$132.75, M.
25*$132.75=$3318.75
They add to $6058.75