Question

1. Write the following as an algebraic equation and determine its value. On the stock market, Global First hit a price of $255 on Wednesday. This was $59 greater than the price on Tuesday. What was the price on Tuesday? answer

Answer 1

Answer:

X = $59 + Y.

$196

Step-by-step explanation:

Stock market price on Wednesday = $255

Stock market price on Wednesday = Stock market price on Tuesday + $59

Let Stock market price on Wednesday = X and Stock market price on Tuesday = Y

X = $59 + Y

But X = $255

Therefore, Y = 255 - 59

= $196

Answer 2

Answer:

Therefore, the price on Tuesday was 196$.

Step-by-step explanation:

On the stock market, Global First hit a price of $255 on Wednesday. This was $59 greater than the price on Tuesday.  We calculate the price.

We have the algebraic equation

$x+59=255\\x=255-59\\x=196$

Therefore, the price on Tuesday was 196$.