Answer:
Worth of each share after the increase in price = $22
Step-by-step explanation:
Total amount of money invested in a stock plan = $2500
Number of shares bought in the stock plan = 125
[tex]\text{Now, Amount of 1 share that is bought in the stock plan = }\frac{2500}{125}[/tex]
⇒ Amount of 1 share that is bought in the stock plan = $20
Percentage by which the price of each share is increased = 10%
So, Worth of each share after the increase in price = 20 + 10% of 20
⇒ 20 + 0.10 × 20
⇒ 20 + 2
⇒ $22
Hence, Worth of each share after the increase in price = $22
