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such8
Joined: 05 Jul 2019
Last visit: 04 Jan 2021
Posts: 72
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Given Kudos: 15
Location: India
Concentration: Strategy, Healthcare
Schools: HEC '22 NUS '22 (D) Marshall '22 (D) ISB '21 (D)
24 Aug 2019, 12:48
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B
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
(low)
Question Stats:
94% (00:53) correct
6%
(01:29)
wrong
based on 241
sessions
History
Date
Time
Result
Not Attempted Yet
At the opening of a trading day at a certain stock exchange, the price per share of stock ABC was $120. If the price per share of stock ABC was $125 at the closing of the day, what was the approximate percent increase in the price per share of stock ABC for that day?
A. 10%
B. 4%
C. 2%
D. 1%
E. -2%
A. 10%
B. 4%
C. 2%
D. 1%
E. -2%
24 Aug 2019, 12:52
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125-120=5$
5÷120=~4%
Option B
Posted from my mobile device
5÷120=~4%
Option B
Posted from my mobile device
24 Aug 2019, 14:31
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(125-120)/120 = 0.04 = 4%
Answer is (B)
Posted from my mobile device
Answer is (B)
Posted from my mobile device
