Question
Norman and Suzanne own 42 shares of a fast food restaurant stock and 66 shares of a toy company stock. At the close of the markets on a particular day in 2004, their stock portfolio consisting of these two stocks was worth $1944.00. The closing price of the fast food restaurant stock was $27 more per share than the closing price of the toy company stock on that day.
What was the closing price of each stock on that day?
The price per share of the fast food restaurant stock is $____
The price per share of the toy company stock is $____
What was the closing price of each stock on that day?
The price per share of the fast food restaurant stock is $____
The price per share of the toy company stock is $____
Answers
I think I got it, if someone wants to check it for me?
Fast food was $34.50
Toy company was $7.50
Fast food was $34.50
Toy company was $7.50
42(x+27)+66x = 1944
you are correct
you are correct
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