Question
In one day, a total of 478900 shares were traded on the floor of a stock exchange market, If the value of each share was #23.50, calculate to 3 significant figure the volume of the traded shares
Answers
GPT 3.5
The volume of traded shares can be calculated by multiplying the total number of shares by the value of each share:
Volume = Total number of shares * Value of each share
Volume = 478900 shares * #23.50/share
Volume = 11,249,150
To 3 significant figures, the volume of the traded shares is 11.2 million.
Volume = Total number of shares * Value of each share
Volume = 478900 shares * #23.50/share
Volume = 11,249,150
To 3 significant figures, the volume of the traded shares is 11.2 million.