If taka 45000 was invested in a share when the price per share was taka 90 and taka 3000 was invested when the price per share was taka 60, what was the average price per share purchased?
Solution
Correct Answer: Option D
at 90 tk price, total share he bought= 45000/90=500 share at 60 tk price, total share he bought= 3000/60=50 share total investment= 45000+3000 tk= 48000 tk total share= 500+50=550 average cost=48000/550=87.27 tk
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