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Question Rachel Simmons Simmons has ​$36 comma 000 36,000 invested in stock A and stock B. Stock A currently sells for ​$20 20 a share and stock B sells for ​$80 80 a share. If stock B doubles doubles in value and stock A goes up​ 50%, her her stock will be worth ​$70 comma 000 70,000. How many shares of each stock does she she ​own?

/in /by

Question

Rachel

Simmons

Simmons has ​$36 comma 000

36,000 invested in stock A and stock B.  Stock A currently sells for ​$20

20 a share and stock B sells for ​$80

80 a share.  If stock B doubles

doubles in value and stock A goes up​ 50%, her

her stock will be worth ​$70 comma 000

70,000. How many shares of each stock does she

she ​own?

 
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