answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex787
1 day ago
12

A share of stock in the Lofty Cheese Company is quoted at 25 1/4. Suppose you hold 30 shares of that stock, which you bought at

20 1/4. If you sell your stock at 25 1/4, which one of the following statements would be true?
A: you'll suffer a loss of $15
B: you'll make a profit of $15
C: you'll make a profit of $150
D: you'll suffer a lose if $150
Mathematics
1 answer:
tester [8.8K]1 day ago
8 0
Because each share was originally purchased at 20 1/4, the gain per share when the price rises to 25 1/4 is (25 1/4 - 20 1/4) = $5.00. Selling 30 shares therefore yields a total profit of (30 x 5) = $150.00. Thus, the correct choice is C<span>.</span>
You might be interested in
Let $DEF$ be an equilateral triangle with side length $3.$ At random, a point $G$ is chosen inside the triangle. Compute the pro
AnnZ [9104]

|\Omega|=(\text{the area of the triangle})=\dfrac{a^2\sqrt3}{4}=\dfrac{3^2\sqrt3}{4}=\dfrac{9\sqrt3}{4}\\|A|=(\text{the area of the sector})=\dfrac{\alpha\pi r^2}{360}=\dfrac{60\pi \cdot 1^2}{360}=\dfrac{\pi}{6}\\\\\\P(A)=\dfrac{\dfrac{\pi}{6}}{\dfrac{9\sqrt3}{4}}\\\\P(A)=\dfrac{\pi}{6}\cdot\dfrac{4}{9\sqrt3}\\\\P(A)=\dfrac{2\pi}{27\sqrt3}\\\\P(A)=\dfrac{2\pi\sqrt3}{27\cdot3}\\\\P(A)=\dfrac{2\pi\sqrt3}{81}\approx13.4\%

8 0
22 days ago
Read 2 more answers
You can upgrade lighting at your factory to LED bulbs that cost $6.95 each and last an average of 5 years. It costs $3 in labor
Inessa [9006]
Each LED bulb, along with installation labor, is priced at
.. $6.95 +$3 = $9.95

For 100 bulbs over a span of 10 years, that equals (100*10) = 1000 bulb·years. At $9.95 per bulb, 5 bulb·years are obtained, and thus the projected total cost for 1000 bulb·years is
.. (1000 b·y)*($9.95/(5 b·y)) = $1990

In summary, for a decade, the installation and changes of 200 bulbs in 100 lamps amount to $1990. Therefore, the yearly cost is...
.. $1990/(10 yr) = $199/yr
3 0
22 days ago
Read 2 more answers
Which expression can be used to convert 100 USD to Japanese yen
lawyer [9240]
As of 12:04 EST in the U.S.

$1=<span>112.624847 Yen

Thus:

100USD(112.624847Y/1USD)=11262.62 Yen</span>
8 0
1 month ago
Read 2 more answers
Find a122 of the sequence 5, 8, 11
Svet_ta [9518]
To find a122 in the sequence beginning with 5, 8, 11, we recognize this series is arithmetic.
8 0
22 days ago
Barbara’s Catering Company makes the best fruit salad despite using only four ingredients. They use four apples for every mango,
lawyer [9240]
P stands for pineapple, p for pear, m for mango, and a for apple. Given a = 4*m, p = 2*a, and P = m; if they utilized 8 pineapples in their latest batch, they used 32 apples (calculated as 4*8) and 64 pears (calculated as 2*32).
7 0
4 days ago
Other questions:
  • Write 3.01 (1 repeating) as a mixed fraction?
    7·1 answer
  • Jeremy is making a trail mix containing raisins and peanuts. Raisins cost $1.50 per pound. Peanuts cost $2.50 per pound. Jeremy
    15·2 answers
  • Adam can earn money recycling aluminium cans .each can weighs 15g and he can get paid 50p per kg . If Adam earns £15 , how many
    7·1 answer
  • Value of expression 6 3/4(-11.5)
    7·1 answer
  • Brian buys a computer for £4300. It depreciates at a rate of 3% per year. How much will it be worth in 6 years? Give your answer
    5·2 answers
  • Gabi wants to drive to and from the airport. She finds two companies near her that offer short-term car rental service at differ
    5·1 answer
  • Omar recorded the number of hours he worked each week for a year. Below is a random sample that he took from his data. 13, 17, 9
    12·2 answers
  • replace each star with a digit to make the problem true.Is there only one answer to each problem? ****-***=2
    10·1 answer
  • The basketball team scored 82 points from 2- points anf 3-points baskets. They make 38 baskets altogether. Let a represent the n
    14·2 answers
  • .04 is 1/10 of what number
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!