Question

An investor bought 150 shares of High Flying Airlines. She paid
$60 per share for 50 shares
$50 per share for 60 shares
$75 per share for 40 shares
What was her average price per share?

Answer 1

($60)(50 shares)=$3000
($50)(60 shares)=$3000
($75)(40 shares)=$3000

$9000/150 shares=$60 per share is the average price