Last year Mrs. Long received $160 in dividends on her shares of Company X stock, all of which she had held for the entire year. If she had had 12 more shares of the stock last year, she would have received $15 more in total annual dividends. How many shares of the stock did she have last year?
(A) 128
(B) 140
(C) 172
(D) 175
(E) 200
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5 comments:
15/12=1.25 , 160/1.25= 128
a
12 share=$15
15$ =12
1$=12/15
160$=12/15 *160=128
x=no of shares
x------>160
x+12--->175
175(x)=160(x+12)
x=128
a
a
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