The average market price of three shares A, B and C is Rs. X. Shares A and Close Rs. y each and B gains Rs. y/2. As a result, the average market price of the three shares decreases by RS 1. The value of y is
Answers
Answer:
2
explanation:
3x-2y+y/2=3x-3
Given : The average market price of three shares A, B and C is Rs. X.
Shares A and C lose Rs. y each and
B gains Rs. y/2.
As a result, the average market price of the three shares decreases by Rs 1.
To Find : The value of y is
Solution:
The average market price of three shares A, B and C is Rs. X.
Total Price = 3x
the average market price of the three shares decreases by Rs 1.
Hence new price = 3(x -1 ) = 3x - 3
Shares A and C lose Rs. y each and B gains Rs. y/2.
Hence x - y + x - y + y/2
= 3x - 3y/2
3x - 3y/2 = 3x - 3
=> 3y/2 = 3
=> y = 2
Hence Value of the y is Rs 2
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