In June, an investor purchased 300 shares of Oracle (an information technology company) stock at $53 per share. In August, she purchased an additional 400 shares at $42 per share. In November, she purchased an additional 400 shares at $45. What is the weighted mean price per share? (Round your answer to 2 decimal places.) Weighted mean price per share

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Q: In June, an investor purchased 3000 shares of Oracle (an information technology company) stock at…

A: Let, X be the share price of Oracle. X1=$53X2=$42X3=$45 Let, w be the number of shares.…