Question 1113394
A stock investment of 500 shares pays a dividend of $625.
 At this rate, how many additional shares are required to earn a dividend of $1200.
:
Find the dividend amt per share
{{{625/500}}} = $1.25 per share
:
let s = no. of shares to have $1200
1.25s = 1200
s = 1200/1.25
s = 960 shares