A pharmaceutical company’s stock price was $50.33 on Monday. On Tuesday, the price went up $2.35. On Wednesday, the price decreased from Tuesday’s price by $1.07. On Thursday, the price went up $0.75 from Wednesday’s price. Which of the following was the final price on Thursday?
$54.50
$53.43
$52.36
$50.86
Correct Answer : C
We need to find the price changes in each day of the week in order to find the price of the stock on Thursday.
Monday’s price was $50.33
Tuesday’s price went up by $2.35 from Monday’s price. The price was $(50.33+2.35)=$52.68
Wednesday’s price decreased by $1.07 from Tuesday’s price, and so the price of the stock was $(52.68-1.07)=$51.61
Thursday’s price increased by $0.75 from Wednesday’s price, which was $(51.61+0.75)=$52.36
Therefore, the price of the stock on Thursday was $52.36.
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Related Questions
Correct Answer is C
Explanation
We are asked to find the number of gallons full tank can hold. The fraction of full tank is 1.
First, we let x be the number of gallons in full tank. Then, set the proportion equation by setting the number of gallons on the numerator and fraction of tank on denominator as follows.
Convert the mixed fraction into proper fraction and cross-multiply to find the value of x.
Converting 42/5 to a mixed fraction is 8 2/5. Thus, when the tank is full, it holds 8 2/5 gallons of water.
Correct Answer is B
Explanation
We are asked to find the number of cups of flour that will be used to make 90 cookies.
Letting x be the number of cups of flour and setting the proportion equation with number of cookies on numerator and number of cups of flour on the denominator. We have
Solve the value of x by cross-multiplying
We convert the mixed fraction into improper fraction in order to carry out multiplication
\(x =\ \frac{9}{4}\ cups\ *\ 90\ cookies\ *\ \frac{1}{36}\ cookies\)
The number of cups of flour needed to make 90 cookies is 5.625 cups, which is equal to 5 5/8 cups(Choice B).
Correct Answer is C
Explanation
We are asked to find the one of the lengths of a right-angled triangle, we use the Pythagoras theorem to find the unknown length.
First, we label the triangle as below and let the unknown length be x.
Then, we apply the Pythagoras theorem to find the value of x as:
The value of the unknown length is approximately 8.9 feet.
Correct Answer is C
Explanation
We use the relation 1 L=1000 mL to convert 0.5 L to mL as follows.
Thus, 0.5 L is 500 mL.
Correct Answer is D
Explanation
We are asked to find the number of students enrolled in the respiratory care program using the percentages in the pie chart.
If we let x represent the number of students enrolled in the respiratory care program, we can set a proportion equation with number of students on the numerator and percentages on the denominator. The whole pie chart represents 100%, which is 800 students. Then, 19% will represent
We solve the value of x by cross-multiplying the equation above.
So, 152 students will enroll for a respiratory care program.
Correct Answer is A
Explanation
To find the cost-effective option, we need to find how much the consumer will spend for the given options:
2 packs of Orange and 1 pack of Cream Soda will cost $18+$5= $23
3 Packs of Orange will cost $18+$10=$28
2 packs of Root Beer and 1 pack of Cream Soda will cost 2($12)+$5=$29
5 packs of cream Soda will cost 5($5)=$25
From the above evaluation, the consumer will spend $23 for a cost effective package of soft drinks. Thus, 2 packs of Orange and 1 pack of Cream Soda will be cheaper to purchase compared to other options.
Correct Answer is D
Explanation
We are asked to find the Kwame’s uncle’s age in terms of Kwame’s age.
First, we need to find the age of Kwame, which is k. Then, we know that Kwame’s uncle’s age is three times that of Kwame less 17. Then,
Kwame’s uncle’s age, u = 3k-17.
Thus, the relation that relates Kwame’s uncle’s age to that of Kwame is u=3k-17.
Correct Answer is D
Explanation
We convert the given value in yard to the cm using the following set up.
The value 91.44 cm is close to 90 cm. Therefore, 1 yard is approximately 90 cm.
Correct Answer is A
Explanation
To find the greatest number from the given options, we first convert the decimal numbers into fractions.
-0.7 becomes 7/10
-1.3 becomes 13/10
Then, we find the LCM for the denominators of the given fractions. The LCM of 3 and 10 is 30. Now we can multiply each fraction with the LCM.
-2/3*30=-20
-7/10*30=-70
-13/10*30=-39
-4/3*30=-40
Comparing the obtained values from above, -20 is the greatest followed by -39, -40, -70 in that order. The fraction -2/3 gave a value of -20, which was the greatest value. Thus, -2/3 is the greatest value from the given option.
Correct Answer is C
Explanation
We are asked to find the dependent variable from the given scenario. A dependent variable is one which varies with another variable. In this case, the cost of the pizza will change with the change in diameter of the pizza, number of toppings, and amount of cheese. In other words, the cost of the pizza depends on the three variables.
Therefore, cost is the dependent variable while the diameter of the pizza, number of toppings and amount of cheese are independent variables.
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