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This comes from people using "Interactive Homework Workbook Grade 3 enVisionMATH" by Scott Foresman & Addison Wesley. The book is missing the line with the points on it. Check out https://hammittsclass.weebly.com/uploads/4/8/2/9/4829665/12-4.pdf for the complete problem.
Investors use an index as a point of reference to compare how well their investments are doing. For example, an investor holding individual common stocks can compare his performance to a wide based benchmark index such as the S&P 500. An investor can also benchmark one index against another to compare relative performance of a specific stock market sector. For example, a benchmark index for gold can be compared to a benchmark index for oil or real estate to evaluate the relative performance return of each sector.
first you look at fraction and then you divide the numerator with denominator.
eight friends share 3 bags of toys, what fraction does each get.?
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