investor buys Rs.1, 200 worth of shares in a company each month. During the first 5 months he bought the shares at a price of Rs.10, Rs.12, Rs.15, Rs.20 and Rs.24 per share. After 5 months what is the average price paid for the shares by him.
investor buys Rs.1, 200 worth of shares in a company each month. During the first 5 months he bought the shares at a price of Rs.10, Rs.12, Rs.15, Rs.20 and Rs.24 per share. After 5 months what is the average price paid for the shares by him.
Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter24: Percent Practical Applications
Section: Chapter Questions
Problem 36A: The cost of one dozen cutters is listed as $525. A multiple discount of 12% and 8% is applied to the...
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An investor buys Rs.1, 200 worth of shares in a company each month. During the first 5 months he bought the shares at a price of Rs.10, Rs.12, Rs.15, Rs.20 and Rs.24 per share. After 5 months what is the average price paid for the shares by him.
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