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29 May 2025, 02:32
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Dropdown 1: 2pm
Dropdown 2: 28%
The graph shows the price per share in dollars of Helix Motors throughout the day on Day 1 and Day 2. An investor purchased shares at one of the times indicated on the x-axis on Day 1 and sold all of them exactly one hour later on Day 2, resulting in the greatest possible dollar gain per share.
Select from each drop-down menu the option that creates the most accurate statement based on the information provided.
The investor sold the shares at on Day 2, resulting in a percentage gain per share of .
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Official Answer
Dropdown 1: 2pm
Dropdown 2: 28%
29 May 2025, 02:32
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Official Solution:
Drop-down 1:
• Since the investor sold the shares exactly one hour later on Day 2, we are looking for the largest increase from a given time on Day 1 to one hour later on Day 2. From the graph, the biggest jump occurs between 1pm on Day 1 and 2pm on Day 2, from $125 to $160, giving a gain of $35 per share.
Drop-down 2:
• For the second dropdown, we calculate the percentage gain per share by dividing the dollar gain ($35) by the purchase price at 1pm ($125): 35/125 * 100 = 28%.
Correct answer:
Dropdown 1: "2pm"
Dropdown 2: "28%"
Bunuel
Drop-down 1:
• Since the investor sold the shares exactly one hour later on Day 2, we are looking for the largest increase from a given time on Day 1 to one hour later on Day 2. From the graph, the biggest jump occurs between 1pm on Day 1 and 2pm on Day 2, from $125 to $160, giving a gain of $35 per share.
Drop-down 2:
• For the second dropdown, we calculate the percentage gain per share by dividing the dollar gain ($35) by the purchase price at 1pm ($125): 35/125 * 100 = 28%.
Correct answer:
Dropdown 1: "2pm"
Dropdown 2: "28%"
03 Dec 2025, 04:26
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I don’t quite agree with the solution. 12pm has the jump too, 150 - 125/125 = 20%, which is mentioned in the options and the question didnt ask for largest share, so it can be 12pm and 20%, am i right here?
