Given :
Rema purchased 18 ounces of gold in 2005 for $414 per ounce in order to try to diversify her investment portfolio.
She sold a third of her holdings in gold in 2009 at a price $953 per ounce. She sold the rest of her gold holdings in 2010 for $1,367 per ounce.
To Find :
What is Prema’s profit in 2009 and 2010.
Solution :
Price of one third ounces of gold, in 2005 is :
P = $414/3 = $138 .
Profit from selling them in 2009 is :
P1 = $(953 - 138) = $815 .
Profit from selling them in 2010 is :
P2 = $( 1367 - ( 414 - 138 ) ) = $1091 .
Therefore, Prema's profit in 2009 is $815 and 2010 is $1091.
Hence, this is the required solution.
The one that you have marked in the picture is right because you are taking away two hours and dividing 400 by s
4. If the fraction is 1/4 that means that there are 4 pieces.
Answer:Teo's age = 7 years ,Richard's age = 19 years
Step-by-step explanation:
Step 1
Let Teo's age be represented as x
Such that Richard 's age = 5 + 2x
and their combined ages equaling 26 can be expressed as
x + 5+ 2x = 26
Step 2 --- SOLVING
x + 5+ 2x = 26
3x+ 5= 26
3x= 26-5
3x= 21
x = 21/3
x = 7
Teo's age = 7 years
Richard's age = 5+2x= 5 + 14= 19 years