a share of stock in the bree medical supply company is quoted at 35 1/4. suppose you hold 20 shares of that stock, which you bought at 31 1/2. if you sold your stock at 35 1/4, which of the following is true? A. you suffered a loss of #630.00. B. you suffered a loss of $75.00. C. you made a profit of $705.00. D. you made a profit of $75.00

Answers

Answer 1

Answer: Total number of stocks bought = 20
Rate at which each stocks were bought = 31 1/2
   = 63/2
Rate at which 20 stocks were bought = 20 * (63/2) dollars
   = 10 * 63 dollars
   = 630 dollars
Rate at which each stocks were sold = 35 1/4
   = 141/4 dollars
Rate at which 20 stocks were sold = 20 * (141/4) dollars
   = 5 * 141 dollars
   = 705 dollars
Then
Amount of profit made by selling 20 stocks = (705 - 630) dollars
      = 75 dollars
So the total amount of profit made is $75. The correct option in regards to the given question is option "D".

Related Questions

PLEASE HELP!!!!!!!!Rewrite the following compound statement as a biconditional. If it rains, then I use an umbrella, and if I use an umbrella, then it is raining. a. If I use an umbrella, then it is raining. b. If my umbrella is broken, then it is not raining. c. I use an umbrella, if it rains. d. I use an umbrella if and only if it rains.
A pizza place near your office has small cheese pizzas for $4 and small pepperoni pizzas for $5. You are going to pick up pizzas for fourteen people in your office. You received $65 but forgot how many of each type of pizza you were supposed to pick up.
What is the answer to this problem8x-2=-9+7×
Square root of -25 in imaginary form
Find dy/dx if y= (1+x)e^x^2

Smart takes the bus to work. Unfortunately, he forgetshis lunch at home. Clever grabs the lunch and drives
after the bus. The bus has a 15-minute head start and
is traveling at an average rate of 40 mph. Clever is
traveling at an average rate of 60 mph. How long does
Clever take to catch up to the bus? Draw a diagram to
solve the problem.

Answers

Answer:

Speed = Distance / Time

Distance = Speed x Time

Bus: 15 x 40 = 600 m

Clever: 600 / 60 = 10 minutes

Answer = 10 mins

Step-by-step explanation:

hope it helps:) brainlest?!

Find the slope of the ordered pair. M(3,8) N(5,14)

Answers

Answer:

Step-by-step explanation:

Slope formula, change if y over change of x

14 - 8 = 6

5 - 3 = 2

6/2 = 3

Last year Frank had a total income of $58,800. He sold a house and made a profit of $27,940. He also had monthly income of $80 from investments. Frank works 25 hours per week as an hourly employee.How much more an hour would Frank had to have earned last year in order to have a total income of $59,970?

Answers

The answer to your question is $0.90

Answer:

The abswer is D. $0.90

Step-by-step explanation:

I took the test

Which of the following functions is not written in explicit form? y=x
x^2-6xy-9y^2=0
y=0
y=-squrt (1-x2)

Answers

Answer:

Option 2 and 3 are not written in explicit form.

Step-by-step explanation:

We have four functions we have to find which one of them are not written in explicit form:

Explicit form is the form in which we can finc the value of n.

Option 1 is correct

y=x because

we can calculate y and x by substituting different values.

Option 2 is incorrect because we can not calculate y from the given equation

$x^2-6xy-9y^2=0$

Option 3 is incorrect because y=0 we can not find anything.

Option 4 is correct because we can find values of y by substituting different values of x in the given equation that is $y=-\sqrt{(1-x^2)$ .

jalil and Victoria are each asked to solve the equation ax – c = bx + d for x. Jalil says it is not possible to isolate x because each x has a different unknown coefficient. Victoria believes there is a solution, and shows Jalil her work:

Answers

Answer:

$x = (d+c)/(a - b)$

Step-by-step explanation:

Equation: $ax – c = bx + d$

Jalil says it is not possible to isolate x because x has a different unknown coefficient.

Victoria t. Victoria believes there is a solution

Solving the equation:

$ax-c = bx + d$

$ax - bx= d+c$

$(a - b)x = d+c$

$x = (d+c)/(a - b)$

So, this shows x can be isolated .

Victoria was right .

It was not possible to isolate x if the coefficients of x would be same .

But in the given equation the coefficients of x are not same .

So, Victoria is right.

Answer:

A. Rewrite the expression on the left using the distributive property.

Step-by-step explanation:

Jordan is using a number line to model the division expression Negative 24 divided by 12. What should be a step in his work?A.Draw a chain of bounces to the right, 12 units wide, starting at –24 and ending at 12. B.Draw a chain of bounces to the left, 12 units wide, starting at 0 and ending at –24. C.lDraw a chain of bounces to the right, 12 units wide, starting at 0 and ending at 24. D.Draw a chain of bounces to the left, 12 units wide, starting at 24 and ending at 0.

Answers

Answer:

Draw a chain of bounces to the left, 12 units wide, starting at 0 and ending at –24.

Step-by-step explanation:

This is the correct answer.

I hope this helps you!

Answer:

the answer is b

Step-by-step explanation:

hope this helps:D

Other Questions

What is the equation of the line written in general form?a. -3x - y + 2 = 0 b. 3x - y - 2 = 0 c. 3x + y - 2 = 0

What is the value of k?

Line is defined by the equation 2 x + y = 4. Which shows the graph of this line?

4y+5x=15x=8y+3I am in Algebra 1 and kind of stuck on this problem. Can anyone help me out