The average price paid by him for the shares after 3 months is ksh. 163.33
<h3>Average</h3>
- Total value of shares bought = ksh.20,000
- Amount of shares bought in the first three months = ksh.120, ksh.160 and ksh.210
Average price paid for the shares after 3 months
= (120 + 160 + 210) / 3
= 490 / 3
= 163.333333333333
Approximately,
ksh. 163.33
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You have to do 12 times 4, which equals 48. So 48 pounds in a year. 105 plus 48 would be 153 so that would be his weight by next year
The answer is in decimal formal in the file below
