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AlekseyPX
2 months ago
12

You invest $2,500.00 in a stock plan, buying 125 shares. If each share increases in value by 10%, how much is each share worth?

Mathematics
2 answers:
Inessa [12.5K]2 months ago
7 0
To find the value of each share:
$2500 ÷ 125 = $20 per share
A 10% increase on that amounts to $2, resulting in a new share value of $22

Hope this is useful:-)
Inessa [12.5K]2 months ago
3 0

Answer:

Post-increase value of each share = $22

Detailed breakdown:

Total investment amount in the stock plan = $2500

Shares purchased in the stock plan = 125

\text{Now, Amount of 1 share that is bought in the stock plan = }\frac{2500}{125}

⇒ Price of one share in the stock plan = $20

Price increase percentage per share = 10%

Therefore, Post-increase value of each share = 20 + 10% of 20

⇒ 20 + 0.10 × 20

⇒ 20 + 2

⇒ $22

Thus, Post-increase value of each share = $22

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