
Patrick B. answered 03/15/20
Math and computer tutor/teacher
27(x+23) + 61x = 929
27x + 621 + 61x = 929
88x + 621 = 929
88x = 308
x=3.50
the toy store stock price is $3.50 per share.
the restaurant is $26.50 per share
Kay M.
asked 12/04/19Norman and Suzanne own 27 shares of a fast food restaurant stock and 61 shares of a toy company stock. At the close of the markets on a particular day in 2004, their stock portfolio consisting of these two stocks was worth
$929.00. The closing price of the fast food restaurant stock was $23 more per share than the closing price of the toy company stock on that day. What was the closing price of each stock on that day?
Patrick B. answered 03/15/20
Math and computer tutor/teacher
27(x+23) + 61x = 929
27x + 621 + 61x = 929
88x + 621 = 929
88x = 308
x=3.50
the toy store stock price is $3.50 per share.
the restaurant is $26.50 per share
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