SOLUTION: The sum of the high and low prices of a share of stock for Johns, inc. in 2010 is &83.50 and the difference of these two prices is $21.88. Find high and low prices.
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Question 345314: The sum of the high and low prices of a share of stock for Johns, inc. in 2010 is &83.50 and the difference of these two prices is $21.88. Find high and low prices. Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! The sum of the high and low prices of a share of stock for Johns, inc. in 2010 is &83.50 and the difference of these two prices is $21.88. Find high and low prices.
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x + y = 83.50
x - y = 21.88
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2x = 105.38
x = $52.69
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Substitute and solve for "y":
y = 83.50-52.69 = $30.81
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Cheers,
stan H.
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