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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Step-by-step explanation:
<span>Binomial is the sum of two monomials.
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