Question

Maria sold 20 shares of stock for a total of $2980. what was the value of one share?

Answer 1

Divide the total amount she paid for the shares by the amount of shares she bought:


`2980 / 20 = 149`

The value of a single share is $149.

Answer 2

Nice and simple. I'll explain it to you, not just give the answer.

Now, 20 shares = 2980, lets make shares = x, which means it turns to

20x = $2980

Now, you'd simply solve for X, which is done by dividing 2980 by 20, which gets you

x = 149 (cost of one share)