Question

martha invested $41.25 into a company. if each share was worth $1 1/4 how many shares did Martha invest in the company

Answer 1

Answer: 33 shares

Explanation:

Amount invested in the company = $41.25

Price per share = $1 1/4 = $1.25

To calculate the amount of shares that Martha invested in the company will be:

= Amount invested in the company/Price per share

= $41.25/$1.25

= 33 shares

Martha invested 33 shares in the company.