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If Tk. 4,500 was invested in a share when the price per share was Tk. 9 and Tk. 3,000 was invested in another share when the price per share was Tk. 10. What was the average price per share purchased?

If Tk. 4,500 was invested in a share when the price per share was Tk. 9 and Tk. 3,000 was invested in another share when the price per share was Tk. 10. What was the average price per share purchased? Correct Answer Tk. 9.375

When tk 9, number of share = 4500/9 = 500 When tk 10, number of share = 3000/10 = 300 Average price = Total price of share / Total number of share = (4500 + 3000) / (500 + 300) = 7500/800 = 9.375

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