If Tk. 45,000 was invested in a share when the price per share was Tk. 90 and Tk. 30,000 was invested when the price per share was Tk. 60, what was the average price per share purchased?

A Tk. 80
B Tk. 75
C Tk. 77.5
D None of these

Correct Answer: Tk. 75

Total investment = 45000 + 30000 = 75000 Number of shares bought by at 90 TK rate = 45000/90 = 500 Number of shares bought at 60 TK rate = 30000/60 = 500 Total number of shares bought = 500 + 500 = 1000 Average share price = 75000/1000 = 75 TK  
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