A pharmaceutical company’s stock price was $33.65 on Monday. On Tuesday, the price went up $1.23. On Wednesday, the price decreased from Tuesday’s price by $0.97. On Thursday, the price went up $2.75 from Wednesday’s price. Which of the following was the final price on Thursday?
$33.65
$33.91
$34.88
$36.66
Correct Answer : D
The final price of the stock on Thursday can be found by finding the price on the previous day taking into account the price changes as follows.
The price of the stock on Monday was $33.65
On Tuesday the price of the stock went up by $1.23 from Monday’s price. Then, Tuesday’s price was $(33.65+1.23)=$34.88
The price of the stock on Wednesday decreased by $0.97 from Tuesday’s price. The price on Wednesday became $(34.88-0.97)=$33.91
Thursday’s price increased by $2.75 from Wednesday’s price, which was $(33.91+2.75)=$36.66
Therefore, the final price of the stock on Thursday was $36.66.
TEAS 7 Exam Quiz Bank
HESI A2 Exam Quiz Bank
Find More Questions 📚
Teas 7 Questions: We got the latest updated TEAS 7 questions
100% Money Refund: 100% money back guarantee if you take our full
assessment pass with 80% and fail the actual exam.
Live Tutoring: Fully customized live tutoring lessons.
Guaranteed A Grade: All students who use our services pass with 90%
guarantee.
Related Questions
Correct Answer is A
Explanation
To estimate the total amount, round each price to the nearest dollar:
- Hat: $19.49 → $19 (since 0.49 rounds down)
- Shirt: $21.49 → $21 (since 0.49 rounds down)
- Shoes: $59.99 → $60 (since 0.99 rounds up)
Now, add the rounded values:
19+21+60=10019 + 21 + 60 = 10019+21+60=100
Correct Answer is A
Explanation
Based on the given case, the outcome of measuring the duration of opening the bank is the amount of transaction, the number of deposits, and the number of loans available. The three outcomes are dependent variables while the number of opening hours is the independent variable.
Correct Answer is D
Explanation
The circumference of a circle is given by the formula:
C=πd
where:
- d=16 inches
- π=3.14
Calculate the Circumference:
C=3.14×16 =50.24inches
Correct Answer is B
Explanation
The scatter plot showing the relationship between the number of absences in a semester and students’ final exam scores. The trend shows that as absences increase, exam scores decrease.
This represents a Negative Correlation because:
- When one variable (absences) increases, the other variable (exam score) decreases.
- The points on the scatter plot trend downward from left to right.
Correct Answer is D
Explanation
To find the cheapest option, we find the expenditure on each given option.:
2 two-24 packs of Orange and 1 pack of Cream Soda=2($15)+$3=$33
3 one 24-pack of Orange=3($9)=$27
2 packs of Root Beer and 1 pack of Cream Soda=2($14)+$3=$31
5 packs of cream Soda=5($3)=$15
Spending 5 packs of cream soda is the cost-effective option.
Correct Answer is D
Explanation
To round 24.375 kg to the nearest tenth (0.1 place), follow these steps:
- Identify the tenth place in 24.375:
- Tenth place: 3 (24.375)
- Hundredths place: 7 (the next digit after the hundredths place)
- Apply rounding rules:
- If the hundredths place is 5 or greater, round up the tenth place.
- Since 7 is in the hundredths place, round 24.3 up to 24.4.
Correct Answer is A
Explanation
The number of boxes is found by volume of the room divided by volume of one box.
Number of boxes
The room can hold 125 boxes.
Correct Answer is C
Explanation
 we need to find the portion of pizza shared by two other friends.
We know that a whole pizza represents 1 and one friend eats half of it. So, the remaining amount left to other two friends is
Remaining fraction of the pizza=1-1/2=1/2
Now, the two friends share ½ amongst themselves equally. Then, each friend gets
The two friends each gets 1/4 of the pizza.
Correct Answer is D
Explanation
To find the greatest number from the given options, convert the decimal numbers into fractions.
6.25 becomes 625/100
7.4 becomes 74/10
The LCM for the denominators of 8, 100, 7, and 10 is 2800. Now we can multiply each fraction with the LCM.
3/8*2800=1050
625/100*2800=17500
10/7*2800=4000
74/10*2800=20720
The fraction 7.4is the greatest of all.
Correct Answer is B
Explanation
To determine the number of sophomore students, follow these steps:
- Identify the total number of students:
1,276
- Identify the percentage of sophomores:
29%
- Calculate the number of sophomores:
(29%×1,276) = (29/100× 1,276) = 370.04
- Round to the nearest whole number:
370
This question was extracted from the actual TEAS Exam. Ace your TEAS exam with the actual TEAS 7 questions, Start your journey with us today
Visit Naxlex, the Most Trusted TEAS TEST Platform With Guaranteed Pass of 90%.
Money back guarantee if you use our service and fail the actual exam. Option of personalised live tutor on your area of weakness.