Answer :
Certainly! Let's solve the problem step by step.
Problem Statement:
Mrs. Loh invested in the same unit trust. She bought shares at RM1.19 per unit. We need to determine the total number of units she purchased given an investment amount.
Step-by-Step Solution:
1. Identify the Given Values:
- Share price per unit: RM1.19
- Investment amount: RM100.00 (assuming the amount as given in the result)
2. Formula to Find the Number of Units:
We can find the number of units bought using the formula:
[tex]\[ \text{Number of Units} = \frac{\text{Investment Amount}}{\text{Share Price Per Unit}} \][/tex]
3. Apply the Values to the Formula:
Substitute the investment amount and share price per unit into the formula:
[tex]\[ \text{Number of Units} = \frac{100.00}{1.19} \][/tex]
4. Calculate the Number of Units:
Perform the division to find the number of units. Using the given values:
[tex]\[ \text{Number of Units} \approx 84.03361344537815 \][/tex]
5. Interpretation:
Mrs. Loh bought approximately 84.03 units of shares with her investment of RM100.00 at the price of RM1.19 per unit.
Final Answer:
Mrs. Loh purchased approximately 84.03 units of shares with her investment amount.
Problem Statement:
Mrs. Loh invested in the same unit trust. She bought shares at RM1.19 per unit. We need to determine the total number of units she purchased given an investment amount.
Step-by-Step Solution:
1. Identify the Given Values:
- Share price per unit: RM1.19
- Investment amount: RM100.00 (assuming the amount as given in the result)
2. Formula to Find the Number of Units:
We can find the number of units bought using the formula:
[tex]\[ \text{Number of Units} = \frac{\text{Investment Amount}}{\text{Share Price Per Unit}} \][/tex]
3. Apply the Values to the Formula:
Substitute the investment amount and share price per unit into the formula:
[tex]\[ \text{Number of Units} = \frac{100.00}{1.19} \][/tex]
4. Calculate the Number of Units:
Perform the division to find the number of units. Using the given values:
[tex]\[ \text{Number of Units} \approx 84.03361344537815 \][/tex]
5. Interpretation:
Mrs. Loh bought approximately 84.03 units of shares with her investment of RM100.00 at the price of RM1.19 per unit.
Final Answer:
Mrs. Loh purchased approximately 84.03 units of shares with her investment amount.