Question

a company has 95,000 shares of stock to sell. A stock broker decides to buy 150 shares of the stock for each of her 250 clients. How many shares will the company have left to sell after the stockbroker makes her purchase?

Answer 1

there would be 57,500 shares left to sell

Answer 2

57,500 shares will the company have left to sell after the stockbroker makes her purchase.

Explanation:

A company has 95,000 shares of stock to sell.

A stock broker decides to buy 150 shares for each of her 250 clients.

For each 250 clients 150 shares = 250 × 150 = 37,500

Stock broker needs 37,500 shares of stock

After broker's purchase = 95,000 - 37,500 = 57,500

57,500 shares