Problema Solution
Jennifer receives an income tax refund of $1,272.00. She decides to invest the money in the stock market. Idea Software stock costs $2.32 per share. Good Foods stock costs $1.36 per share. She buys twice as much Idea Sofetware as Good Foods and spends all of her refund. How many shares of each stock does she buy?
Answer provided by our tutors
no. of good foods share = x
== > 2.32(2x) + 1.36x = 1272
== > 6x = 1272 == > x=212
no. of good foods share = 212 and no. of idea share = 424