On the morning of june for the stock of nagasaki corporation opened at a price of 33 3/8 pressure by noon the price had risen 4 1/4 for cheryl end of the day the price at fallen 8 7/8 per share from the price at noon what was the closing price for the day

As per the information in the given question, the morning opening price the share of Nagasaki Corporation is . This can be rewritten as:

.........(Equation 1)

Now, by afternoon, the share price of Nagasaki Corporation increases by . Thus, we have to add this increase to the opening share to get the actual share price in the afternoon. Thus, we will have to add and (Equation 1) to find the share price in the afternoon.

We know that can be rewritten as . Thus, adding to (Equation 1) means effectively adding to (Equation 1) which is:

(we converted the denominator of to 8 by multiplying it by 2 which in turn meant multiplying the numerator by 2 too.)

Thus, is the afternoon price.

Now, the closing price will be the fall in the afternoon price which is .

Thus, Closing Price=Afternoon Price - Fall in the Afternoon Price

Closing Price=

Therefore, the closing price per share of the Nagasaki Corporation for the day was

step-by-step explanation:

21/58.

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