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# Prices of the shares that remained constant?

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Manager
Joined: 29 Jun 2010
Posts: 249
Schools: LBS, Oxford
Followers: 9

Kudos [?]: 31 [0], given: 12

Prices of the shares that remained constant? [#permalink]  12 Jul 2011, 21:24
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Difficulty:

(N/A)

Question Stats:

67% (02:53) correct 33% (02:09) wrong based on 3 sessions
A certain portfolio consisted of 5 stocks, priced at $20,$35, $40,$45 and \$70, respectively. On a given day, the price of one stock increased by 15%, while the price of another decreased by 35% and the prices of the remaining three remained constant. If the average price of a stock in the portfolio rose by approximately 2%, which of the following could be the prices of the shares that remained constant?

A) 20, 35, 70
B) 20, 45, 70
C) 20, 35, 40
D) 35, 40, 70
E) 35, 40, 45
[Reveal] Spoiler: OA
SVP
Joined: 16 Nov 2010
Posts: 1679
Location: United States (IN)
Concentration: Strategy, Technology
Followers: 31

Kudos [?]: 364 [0], given: 36

Re: Prices of the shares that remained constant? [#permalink]  12 Jul 2011, 22:00
statistics-and-logic-73630.html
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Re: Prices of the shares that remained constant?   [#permalink] 12 Jul 2011, 22:00
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