Solve. Write the answer as a mixed number as needed.
-Stock in a company is selling for $\$ 8 \frac{3}{8}$ per share. If someone purchases $\$ 5427$ worth of stock in this company, how many shares did they get?
A) $571 \frac{1}{4}$ shares
B) 5427 shares
C) 43,416 shares
D) 648 shares

Question

Quizplus · Accepted Answer

To find the number of shares, divide the total amount spent by the price per share: $ \frac{5427}{8 \frac{3}{8}} = \frac{5427}{\frac{67}{8}} = \frac{5427 \times 8}{67} = 648 $ shares.

Solve Write the Answer as a Mixed Number as Needed $838\$ 8 \frac{3}{8}$883​

Solve Write the Answer as a Mixed Number as Needed $\$ 8 \frac{3}{8}$