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27 May 2016, 03:12
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B
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The price of a certain stock increased by 0.25 of 1 percent on a certain day. By what fraction did the price of the stock increase that day?
(A) 1/2500
(B) 1/400
(C) 1/40
(D) 1/25
(E) 1/4
(A) 1/2500
(B) 1/400
(C) 1/40
(D) 1/25
(E) 1/4
27 May 2016, 03:21
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0.25 of 1 percent
0.25 is \(\frac{1}{4}\). 1 percent is \(\frac{1}{100}\)
Of means multiplication.
0.25 of 1 percent = \(\frac{1}{400}\)
Option B is the answer.
0.25 is \(\frac{1}{4}\). 1 percent is \(\frac{1}{100}\)
Of means multiplication.
0.25 of 1 percent = \(\frac{1}{400}\)
Option B is the answer.
General Discussion
28 Sep 2016, 03:18
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nalinnair
0.25 of 1% is equal to say \(0.25*\frac{1}{100}\) = \(\frac{0.25}{100}\) = \(\frac{25}{(100*100)}\) = \(\frac{1}{400}\)
answer B
