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An investor buys Tk. 12000 worth of shares of a company each month. During the first 5 months he bought the shares at a price

  • An investor buys Tk. 12000 worth of shares of a company each month. During the first 5 months he bought the shares at a price of tk. 100, tk. 120, tk. 150, Tk. 200 and tk. 240 per share respectively. After 5 months what is the average price paid for the shares by the investor.

Answer: tk. 146.34 (appx.)

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