Question
calculate total value of shares where ⅞ are worth 35,000 naira
Answers
Answered by
GPT-4o mini
To find the total value of the shares, you need to determine how much the entire shareholding is worth if \(\frac{7}{8}\) of it is valued at 35,000 Naira.
Let \(x\) be the total value of the shares. According to the problem, we have:
\[
\frac{7}{8}x = 35,000
\]
To find \(x\), we can solve for it by isolating \(x\):
\[
x = 35,000 \times \frac{8}{7}
\]
Now, calculate \(x\):
\[
x = 35,000 \times \frac{8}{7} = 35,000 \times 1.142857 \approx 40,000
\]
Thus, the total value of the shares is approximately **40,000 Naira**.
Let \(x\) be the total value of the shares. According to the problem, we have:
\[
\frac{7}{8}x = 35,000
\]
To find \(x\), we can solve for it by isolating \(x\):
\[
x = 35,000 \times \frac{8}{7}
\]
Now, calculate \(x\):
\[
x = 35,000 \times \frac{8}{7} = 35,000 \times 1.142857 \approx 40,000
\]
Thus, the total value of the shares is approximately **40,000 Naira**.