Anonymous
Anonymous asked in Education & ReferenceHomework Help · 1 decade ago

Math Problem.....?

During one day of trading in the stock market, an investor lost $2500 on one stock, but gained $1700 on another. At the end of the trading that day, the investor's holdings in those two stocks were worth $52,400. What were they worth when the market opened that day?

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  • 1 decade ago
    Favorite Answer

    Set up an equasion:

    x-2500+1700=52400.

    Combine like terms:

    x-800=52400

    Add 800 to both sides

    x=53200

  • 1 decade ago

    The worth when the market opened $53,200

    (The investor lost $1700 but lost $2500

    So the net loss is 2500-1700 = $800)

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