Asked by Roc

Mr. bobby brought 50 shares at $60 and 2 months letter purchased 25 share a $56 at what price should he purchased 25 additional share in order to have an average price$58 per share
Answered by oobleck
Just calculate the values of the individual purchases, and the desired total:
50*60 + 25*56 + 25x = 58(50+25+x)
Answered by Afra
Answer :$56.
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