90.6k views
3 votes
martha invested $41.25 into a company. if each share was worth $1 1/4 how many shares did Martha invest in the company

User Tupteq
by
8.2k points

1 Answer

2 votes

Answer: 33 shares

Explanation:

Amount invested in the company = $41.25

Price per share = $1 1/4 = $1.25

To calculate the amount of shares that Martha invested in the company will be:

= Amount invested in the company/Price per share

= $41.25/$1.25

= 33 shares

Martha invested 33 shares in the company.

User Korie
by
8.2k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.