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29 May 2025, 02:34
Kudos
Bookmarks
Dropdown 1: 2pm
Dropdown 2: 28%
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
65%
(hard)
Question Stats:
58% (02:26) correct
42%
(02:22)
wrong
based on 971
sessions
History
Date
Time
Result
Not Attempted Yet
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 .
ShowHide Answer
Official Answer
Dropdown 1: 2pm
Dropdown 2: 28%
06 Jun 2025, 08:30
Kudos
Bookmarks
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%"
General Discussion
29 May 2025, 08:15
Kudos
Bookmarks
Bunuel
We have to compare blue dots with orange dots just one hour after that. The max difference between the two should be a contender for the right answer.
The two sets are 11am - 12 pm and 1-2pm.
11am-12pm: Blue dot is at 125 while orange is at 150, so gain of 25 over 125.
1-2pm: Blue dot is at 125 while orange is at 160, so gain of 35 over 125
Surely 35 over 125 will give bigger % => 100×35/125 =28%
The drop-down are
1st : 2pm
2nd : 28%
