Question

An investor buys Rs.1200 worth of share in company first 5 monnths he bought the share at price of Rs.10,12,15,20 and 24 per share. After 5 months what is the average price paid for the share by him. ​

Answer 1

14.6

Explanation:

The computation of average price paid for the share is shown below:-

`Average = (Total\ investment)/(Total\ share)`

=
`(6,000)/(410)`

= 14.6

For more clarification please find the attachment as attached using excel spreadsheet.

By dividing the total investment by the total number of shares we can get the average price paid for the share and the same is to be considered

Moreover, the total investment and the total shares are shown in the attachment. Kindly find it below: