14. Saida owned 125 shares of an oil company. One day, the value of each share dropped by $0.31. The next day the value of each share rose by $0.18. What was the total change in the value of Saida's shares?
The bolded coloured words are the important words that we need to know in order to solve this question. So, since there are 125 shares, and EACH share dropped by $0.31, we multiply 125 to 0.31.
Then, using the 125 shares again you multiply 125 to 0.18 because you have to figure out how much rose in one day with 125 shares.
Let's see what we have so far:
-38.75 is how much dropped.
- 22.5 is how much rose.
Now, what we have to do is we have to subtract how much dropped to how much rosee so we could find out the total change of value of Saida's shares.
The last step is, (Well, its actually the first step, but I'm just putting it up last) writing a simple sentence because it is a word problem.
The total change in the value of Saida's shares is 16.25.
This is the end of my post, I hope you enjoyed looking at it and hopefully, you learned alittle more from it. Feel free to comment if I did anything wrong and thanks for reading! (: