Question

Stock in a company is selling for $11 3/4 per share. if some one purchases $893 worth stock in this company, how many shares did they get?

is it 209

Answer 1

The easiest way to figure this problem is to change 11 3/4 to 11.75. (The stock market went to decimals several years ago.)

893/11.75 = ? shares

Answer 2

so it is 76 shares?

Answer 3

Right!