Jose owns 40 shares of stock A whose price increased by $0.75 per share. He also owns 100 shares of stock B whose price decreased by $0.20 per share. What is the total change in the value of Paul’s stock (A and B together)?
Please help solve
To solve this problem, we need to calculate the change in value for each stock and then add them together to find the total change in value.
First, let's calculate the change in value for stock A. We know that Jose owns 40 shares of stock A, and the price increased by $0.75 per share. So the change in value for stock A would be:
Change in value for stock A = 40 shares * $0.75 per share
= $30
Next, let's calculate the change in value for stock B. We know that Jose owns 100 shares of stock B, and the price decreased by $0.20 per share. So the change in value for stock B would be:
Change in value for stock B = 100 shares * $0.20 per share
= $20
Now, let's find the total change in value for Jose's stocks by adding the change in value for stock A and stock B:
Total change in value = Change in value for stock A + Change in value for stock B
= $30 + $20
= $50
Therefore, the total change in the value of Jose's stocks (stock A and stock B together) is $50.
Joel/Thomas -- please use the same name for your posts.
How much has stock A increased in price?
How much has stock B increased in price?
How much have the the two stocks together increased in price?
Maybe you should first go back and correct your last post.