After several shares of the company's stock were sold, a profit of $1,320 was earned. the profit was 15% over a 30 day period. how much were the shares worth when they were originally purchased?

The shares were worth $8800, when they were originally purchased.

Step-by-step explanation:

After several shares of the company's stock were sold, a profit of $1,320 was earned.

The profit was 15% over a 30 day period.

Let the original price of the shares be = x

As there was a profit of 15% on x.

We get the following expression;

Then x = 8800

Hence, the shares were worth $8800, when they were originally purchased.

1. x> -5

2. x< 8

step-by-step explanation:

1. 2x> -10

divide by 2 from both sides of equation.

2x/2> -10/2

simplify, to find the answer.

-10/2=-5

x> -5 is the correct answer.

2. 3x< 24

divide by 3 from both sides of equation.

3x/3< 24/3

simplify, to find the answer.

24/3=8

x< 8 is the correct answer.

i hope this you, and have a wonderful day!

answer4 to the second power is 16

and 4 to the third power is 64,