Last year Mrs. Long received $160 in dividends on her shares of Company X stock, all of which she had held for the entire year. If she had had 12 more shares of the stock last year, she would have received $15 more in total annual dividends. How many shares of the stock did she have last year?
200 is the answer
15$ paid for 12 stocks, so per stock it pays 5/4$
so to get a dividend of 160$ , he should have 200 shares