Problem 948

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

Solution:-

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.