Problem 948

A man’s stock earned 148000000. If these represent 1.13 per share, how many share of stock are there?




Let N equal number of share. If these earnings represent 1.13, then 148000000 equals the number of share, N multiplied by 1.13.

Write the information in symbols.

148000000 = 1.13 N

Solve the equation. Divide both sides by 1.13.

\frac{148000000}{1.13} = \frac{1.13N}{1.13}

130973451.3 \approx N

Therefore, the man has 130,973,451.3 share of stock.


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