Question

Lori owned some shares of stock in the Petersen Company. She recently bought more shares, and now she has a total of Alt tag missing. Times as many shares as she originally owned. Her shares are currently worth $20 each, and their total worth is $6,000. How many shares of stock did Lori originally own?

Answer 1

Answer: Lori owned 300 shares of stock.

Explanation:

Given: Lori Lori owned some shares of stock in the Petersen Company.

The total worth of shares of stock owned by Lori= $6,000

The worth of each share of stock owned by Lori= $20

Therefore, the number of shares of stock owned by Lori =
`=(6000)/(20)=300`

Hence, The number of shares of stock owned by Lori= 300