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A stock price begins the day at $42.50 per share. If, in the course of
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23 Sep 2021, 03:30
23 Sep 2021, 03:30
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Question Stats:
89% (00:59) correct
10% (01:34) wrong based on 28 sessions
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A stock price begins the day at $42.50 per share. If, in the course of the day’s trading, it increases no less than 30% but no more than 40%, then the stock price ends the day between
(A) $49 and $54
(B) $51 and $56
(C) $53 and $58
(D) $55 and $60
(E) $57 and $62
(A) $49 and $54
(B) $51 and $56
(C) $53 and $58
(D) $55 and $60
(E) $57 and $62
Re: A stock price begins the day at $42.50 per share. If, in the course of
[#permalink]
23 Sep 2021, 11:01
23 Sep 2021, 11:01
1
Carcass wrote:
A stock price begins the day at $42.50 per share. If, in the course of the day’s trading, it increases no less than 30% but no more than 40%, then the stock price ends the day between
(A) $49 and $54
(B) $51 and $56
(C) $53 and $58
(D) $55 and $60
(E) $57 and $62
(A) $49 and $54
(B) $51 and $56
(C) $53 and $58
(D) $55 and $60
(E) $57 and $62
The stock price trades between 30% and 40% of opening price.
1.3 * 42.5 < price < 1.4 * 42.5
= 55.25 < price < 59.5
Closest is D) 55 and 60
gmatclubot
Re: A stock price begins the day at $42.50 per share. If, in the course of [#permalink]
23 Sep 2021, 11:01
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