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.
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 C
Explanation
The question requires us to find the percentage change in weight of a person.
First, we need to find the change in weight over the 3 months
Change in weight= 180-160=20 lb
Percent change in weight is change of original weight *100. Thus

The percent change in weight is 11% to the nearest whole number.
Correct Answer is C
Explanation
We need to find the are of the rectangle from the given case. Letting x represent the width of the rectangle. Then, we can find the area of the rectangle as follows.
Length of rectangle=(x+5)
Width of the rectangle= x
Area of the rectangle, A= Length*width=(x+5)*x
A=x(x+5)
Thus, the area of the rectangle is x(x+5).
Correct Answer is A
Explanation
Step 1: Determine the remaining balance
The total cost of the television is $1,570, and the consumer made a $400 down payment.
Remainingbalance=1,570−400=1,170
Step 2: Calculate the number of months
The consumer pays $100 per month, so:
Months=1,170/100=11.7
Since the consumer cannot make a fraction of a payment, they will need 12 months to fully pay off the television.
Correct Answer is C
Explanation
We are asked to convert kg to pounds using the given relation. Letting x to represent the lb we are looking for.
Nest, we set the proportion with kg in the numerator and lb on the denominator as follows.

We find the value of x by cross-multiplication


The value of x is 110 lb.
Correct Answer is D
Explanation
To find the median, we arrange the following numbers in data set from the smallest to the largest as follows.
-3, -2, 0, 5, 10
From the above the data set, the median falls in the third position. Thus, 0 is the median for the given data set.
Correct Answer is C
Explanation
Let x be the employee's salary before the raise. The employee received a 20% raise, so the new salary is:
x+0.2x=60,000
Step 1: Factor out x
1.2x=60,000
Step 2: Solve for x
x=60,000/1.2=50,000
Correct Answer is C
Explanation
We are asked to make x the subject of the formula.
First, we add z to both sides of the equation


Multiply both sides by y


The above equation can be rearranged into

Thus, the formula for finding the value of x is y(z+rw).
Correct Answer is C
Explanation
We required to find the units of finding the weight of a spoon. The mass is measured in kilogram and grams. Kilograms are used to measure the mass of heavier objects while grams for small and lighter objects.
Thus, gram is the appropriate unit for measuring weight of a spoon.
Correct Answer is C
Explanation
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.
Correct Answer is D
Explanation
In this problem, we need to compare the number of dimes to quarters.
If we let n be number of pennies in the bottle. Then,
Number of quarters in the bottle = 2n
Number of nickels in the bottle = 4n
Number of dimes in the bottle =5(4n)=20n
Now relating dimes to quarters, we have

Thus, there are 10 times as many dimes as quarters in the box.
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.