Asked by Rmz

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

Answers

Answered by Ms. Sue
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

Answered by Rmz
so it is 76 shares?
Answered by Ms. Sue
Right!

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