Question

Julia bought stock at $281/8 per share. The value of each share increased by $65/8. How much is each share of stock now worth?​

Answer 1

The worth of the share of stock is $$34\frac{3}{4}$.

What is the worth of the stock now?

A fraction is a non-integer that is made up of a numerator and a denominator. The numerator is the number above and the denominator is the number below.

A mixed fraction is a fraction that is made up of a whole number and a proper fraction.  A proper fraction is a number where the numerator is less than the denominator.

The worth of the stock now = purchase price + increase in the share price

28 1/8 + 6 5/8

$34 \frac{1 + 5}{8}$

$34\frac{6}{8}$ = $34\frac{3}{4}$

To learn more about fractions, please check: brainly.com/question/1114498

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