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My name is Ann [436]
4 years ago
14

John has different types of stocks. He has the same number of Google stocks, trading at $4 a stock, Apple stocks, trading at $10

a stock and Toyota stocks trading at $3 a stock. If he has a total net worth of $1,207 in stocks, how many stocks does he have in total?
Mathematics
2 answers:
vaieri [72.5K]4 years ago
7 0

Answer:

71 total

Step-by-step explanation:

Well first of all I wish I was John. I wish I could buy all 3 of those companies at such low prices.

1.)  First you take the prices of the stocks he owns and add them up together.

<em>$10+4+$3=17</em>

<em />

2.)  Then you have to take the total DOLLAR ($$$$$$)  AMOUNT and divide it by the Total you got in the previous step ($17) .

<em>$(1207) / ($17)= </em><em>71 (shares*)</em>

<em> *Never refer to it as stocks its shares  ----  The stock is the company  ---- The amount in which he owns is reffered to as shares. </em>

Stels [109]4 years ago
4 0

4x + 10x + 3x = 1207 \\ 17x = 1207 \\ x = 71
He has 71 stocks in total.

Hope this helps. - M
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