Answer:
e) 2.5
Step-by-step explanation:
Answer:
-18
Step-by-step explanation:
3(-4) - 6
-12 - 6 = -18
first you have to wrie an equation
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you can cut 20 times from the banana
From the information given, the shares are overpriced by 25%, therefore the shares stand at 125%
We need to find out the price value of 1% share.
125% = 300$
1% = x (where x is the value in dollars of 1% shares)
Simplify the above equation by cross multiplying , so:
125 × x = 300 ×1
125 x = 300
x = 300/125
x= 2.4 $
1% share price is 2.4 dollars. How about the true share price? The true share price is at 100%
100% share price value is 2.4 × 100 = 240
Therefore the true and fair price of the shares is $ 240
