Jake bought 50 shares of stock for $1,000 and sold them for a loss of $375. What was the selling price of each share of stock?

Question

I understand how to solve the equation, I just don't know how to show the format of the equation.

Answer 1

_{The equation would look like this:}

 

Selling price = (1,000/50) - (375/50)

 

The first term represents the price per share that he bought them at.

 

The second term represents how much he lost per share.

 

The resulting equation then represents the price per share that he sold them