An energy company’s stock price was $65.50 on Monday. On Tuesday, the price went up $1.50. On Wednesday, the price decreased from Tuesday’s price by $2.57. On Thursday, the price went up $2.25 from Wednesday’s price. Which of the following was the final price on Thursday?
$66.68
$65.79
$67.00
$64.43
Correct Answer : A
We are tasked to find the stock price on Thursday from the given information. Here, we need to find the stock of each day from the price increase or decrease. If the price increases, we add to the previous day’s price and subtract if the price decreases.
Monday’s stock price=$65.50
Tuesday’s stock price is Monday’s plus $1.50=65.50+1.50=$67.00
Wednesday’s stock price went down by $2.57 from Tuesday’s=67.00-2.57=$64.43
Thursday’s stock price went up by $2.25 from Wednesday’s =64.43+2.25=$66.68
From the above evaluation, the stock price on Thursday was $66.68
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Related Questions
Correct Answer is A
Explanation
Using a calculator to evaluate 15÷27 results in 0.5555555556. To two decimal places, the answer becomes 0.56.
Thus, 0.56 is the decimal equivalent of 15/27.
Correct Answer is B
Explanation
To find the circumference of a circular garden, we can use the formula:
C=π×d
Where:
- C = Circumference
- π = 3.14 (as given)
- d = Diameter
Step 1: Substitute the given values into the formula
The diameter d is 14 metres, so:
C=3.14×14
Step 2: Perform the multiplication
C=43.96 metres
Final Answer:
The circumference of the garden is 43.96 metres.
The correct answer is B. 43.96 metres.
Correct Answer is D
Explanation
We are asked to find the number of cups of flour that will be used to make 90 cookies.
First, we convert 2 ¼ into improper fraction as:
Letting x to be the number of cups of flour, we set up a proportion equation with number of cookies on numerator and number of cups of flour on the denominator becomes:
Solve the value of x by cross-products
Dividing both sides by 60, the above equation result to
Thus, the number of cups of flour needed to make 90 cookies is 81/16 cups, which is equal to 5 1/16 cups.
Correct Answer is B
Explanation
The volume V of a rectangular box can be calculated using the formula:
V=length×width×height
Given:
- Length = 8 metres
- Width = 5 metres
- Height = 3 metres
Now, calculate the volume:
V=8 m×5 m×3 m=120 m3
Thus, the volume of the box is 120 cubic metres.
The correct answer is B. 120 m³.
Correct Answer is A
Explanation
A. A=w(2w+1)
Explanation
The area of a rectangle is given by the formula:
A=length×width
Given that the length is one more than twice the width, we can express it as:
Length=2w+1
The width is simply w.
Now, substituting these into the area formula:
A=w(2w+1)
Thus, the correct answer is:
A=w(2w+1)
Correct Answer is C
Explanation
Here we utilize the dimensional analysis of units of measurement of length to convert yards to cm as follows
9 yards is equal to 822.96 cm, which is about 823 cm.
Correct Answer is B
Explanation
Before finding the greatest number from the data set, the numbers need to be in fraction form.
-0.5=-5/10
-1.5=-15/10
The set of numbers becomes -2/3, -5/10, -15/10, -4/9
Now the least common denominator for 3, 10, and 9 is 90, which will be used to multiplied by the given fractions as follows:
-2/3*90=-60
-5/10*90=-45
-15/10*90=-135
-4/9*90=-40
From the above evaluations, the resulting numbers arranged from the smallest to the largest is -135, -60, -45, -40. Thus, the greatest number from the data set is -40, with a corresponding fraction of -4/9.
Correct Answer is D
Explanation
To find the greatest number from the given options, convert the decimal numbers into fractions.
6.98 becomes 698/100
9.2 becomes 92/10
The least common denominator for the denominators of 7, 100 and 10 is 700. Now we can multiply each fraction with 700 as follows:
3/7*700=300
698/100*700=4886
10/7*700=1000
92/10*700=6440
In order from the smallest to largest, we organize the number set as follows:
3/7, 10/7, 6.98, 9.2.
Thus, 9.2 is the greatest of all.
Correct Answer is B
Explanation
To find the median of a data set, we need to first order the data from least to greatest, then find the middle value.
Step 1: Order the data from least to greatest:
The original data set is:
12,19,7,14,22,26,15
Ordered from least to greatest:
7,12,14,15,19,22,26
Step 2: Find the middle value
Since there are 7 numbers (an odd number of data points), the median will be the middle value, which is the 4th number in the ordered list.
7,12,14,15,19,22,26
The middle value is 15.
Conclusion:
The median of the data set is 15.
The correct answer is B. 15.
Correct Answer is D
Explanation
We use the given slope to find the minimum length of the ramp. In this case, slope is the ratio of height to length of the lamp. Thus,
If we let x be the minimum length of the ramp. Then,
Substituting the value of slope into the above equation results in,
Solve for value of x by cross-products
X = 18 Feet
Thus, the minimum length of the ramp needed to provide access to a door that is 1.5Â high is 18Â feet.
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