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?
1 answer:
The worth of the share of stock is $.
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
=
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