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 An investor buys a total of 360 shares of two stocks. The price of one stock is $35 per share, while the price of the other stock is $45 per share. The investor spends a total of $15000. How many shares of each stock did the investor buy?

 Jul 26, 2020
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360 total shares

A = 35 dolar share quant                             value =  35A

B = 45 dollar share quant   = 360-A             value = 45(360-A)       

     the values summed = 15000

 

35A     +   45(360-A) = 15000     Solve for A         then  B = 360-A

 Jul 26, 2020

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