**A pharmaceutical company’s stock price was $45.32 on Monday. On Tuesday, the price went up $3.25. On Wednesday, the price decreased from Tuesday’s price by $1.73. On Thursday, the price went up $0.89 from Wednesday’s price. Which of the following was the final price on Thursday?**

$46.84

$47.73

$45.23

$48.57

*Correct Answer : B*

we need to find the price of the stock on Thursday.

First, find the price changes in each day of the week as follows:

Monday’s price was $45.32

Tuesday’s price went up by $3.25 from Monday’s price. The price was $(45.32+3.25)=$48.57

Wednesday’s price decreased by $1.73 from Tuesday’s price, and so the price of the stock was $(48.57-1.73)=$46.84

Thursday’s price increased by $0.89 from Wednesday’s price, which was $(46.84+0.89)=$47.73

Therefore, the stock price on Thursday was $47.73.

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