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.
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Related Questions
Correct Answer is C
Explanation
A standard six-sided die has the numbers 1, 2, 3, 4, 5, and 6. The even numbers are 2, 4, and 6.
Step 1: Probability of rolling an even number on the first roll
There are 3 even numbers out of 6 total numbers, so:
P (evenonsecondroll) = 3/6 = ½
Step 2: Probability of rolling an even number on the second roll
Since rolling the die is an independent event, the probability remains:
P (evenonsecondroll) = 3/6 = ½
Step 3: Multiply the probabilities
P (evenonfirstANDevenonsecond) = ½ × ½ = ¼
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 B
Explanation
 In this problem, we need to compare the number of dimes to quarters.
If we let p be number of pennies in the bottle. Then,
Number of quarters in the bottle = 6p
Number of nickels in the bottle = 2p
Number of dimes in the bottle =5(2p)=10p
Now relating dimes to nickels, we have

Thus, there are 5 times as many dimes as quarters in the box.
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 A
Explanation
To determine the correct coordinates of the point shown on the graph, follow these steps:
- Identify the x-coordinate: Count the number of units the point is to the right or left of the y-axis. The point is at 5 on the x-axis.
- Identify the y-coordinate: Count the number of units the point is above or below the x-axis. The point is at -8 on the y-axis.
- The correct coordinates are (5, -8).
Looking at the answer choices:
- A. (5, -8) → Correct
- B. (-5, 8) → Incorrect
- C. (-8, 5) → Incorrect
- D. (8, -5) → Incorrect
Final Answer:
A. (5, -8)
Correct Answer is D
Explanation
The range is a simple measure of statistical dispersion that shows the spread between the highest and lowest values in a data set.
Formula for Range:
Range=MaximumValue−MinimumValue
Example Calculation:
From the given box plot:
Identify the maximum value: 92
- Identify the minimum value: 12
- Subtract the minimum from the maximum: 92−12=80
Thus, the range of this data set is 80.
Correct Answer is A
Explanation
We follow the order of operations to solve the given expression.
First, we start with the numerator and solve it as follows
[3(2+6*4)]
We start with multiplication in inner brackets, 6*4=24. The expression becomes
[3(2+24)]
Then, we conduct the addition of 2+24=26. Then, the expression becomes
[3(26)]=3*26=78
Now, we solve for denominator, which is 26/2=13.
Thus, the expression is reduced into
\(\frac{[3(2+6\ast4)]}{(26\div2)}=\frac{78}{13}=6\)
The expression reduces into 6.
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 D
Explanation
We are asked to determine John’s uncle’s age relating to John’s age.
First, express John’s uncle’s age in terms of John’s age as follows
John’s age=k
John’s uncle’s age, u = 5k-12.
Thus, the relationship between Japheth’s uncle’s age to that of Japheth is u=5k-12.
Correct Answer is D
Explanation
To find the required number of cups milk needed, we set a proportion equation with number of cups be numerator and cups of milk as denominator.
Let x be the number of cups of milk needed, then

The numbers of cups of milk required is 273/25, which when converted to mixed fraction becomes 10 23/25.
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