If Tk. 45,000 was invested in share market when the price per share was Tk. 90 and Tk. 30,000 was invested when the price per share was Tk.100, what was the average price per share purchased?
Created: 6 years ago |
Updated: 2 years ago
best des
Number of share purchased with TK 45000 investment = 45000/90 = 500
Number of share purchased with TK 30.000 investment = 30000/100 = 300
Total number of share = 500 + 300 = 800
Total investment = 45000 + 30000 = 75000 TK.
Average price per share = 75000 / 800 = 93.75 TK.
Md Azizur Rahman
Founder of Satt
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