Exam
Maths Puzzle
Profit and Loss
Suppose Bob owns 8,000 shares of Company X and 6000 shares of Company Y. The Total value of Bob's holdings of these two companies is $680,000.
Suppose Frank owns 2,000 shares of Company X and 10000 shares of Company Y. The Total value of Franks holdings of theses two companies is $680,000.
a. Write equations for Bob and Frank's Holdings. Use the variables X and Y to represent the values of shares of Company X and Y.
b. Solve for the value of a share of Company X and Company Y.
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