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The table above show the daily change in the price of a certain stock

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The table above show the daily change in the price of a certain stock  [#permalink]

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New post 08 Oct 2018, 05:23
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A
B
C
D
E

Difficulty:

  15% (low)

Question Stats:

84% (01:49) correct 16% (02:42) wrong based on 137 sessions

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The table above show the daily change in the price of a certain stock last week. What was the net change in dollars in the price of the stock for the week?


A. \(-4\frac{5}{8}\)

B. \(-2\frac{7}{8}\)

C. \(+2\frac{7}{8}\)

D. \(+3\frac{3}{4}\)

E. \(+4\frac{5}{8}\)


Attachment:
2018-10-08_1621.png
2018-10-08_1621.png [ 232.94 KiB | Viewed 1492 times ]

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Re: The table above show the daily change in the price of a certain stock  [#permalink]

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New post 08 Oct 2018, 06:05
Bunuel wrote:
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The table above show the daily change in the price of a certain stock last week. What was the net change in dollars in the price of the stock for the week?


A. \(-4\frac{5}{8}\)

B. \(-2\frac{7}{8}\)

C. \(+2\frac{7}{8}\)

D. \(+3\frac{3}{4}\)

E. \(+4\frac{5}{8}\)


Attachment:
2018-10-08_1621.png



Net Change = Cumulative Change = +1.5-0.75+0-0.125+2.25 = +2.875

Answer: Option C
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Re: The table above show the daily change in the price of a certain stock  [#permalink]

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New post 08 Oct 2018, 07:14
Net income = 1.5 - 0.75 + 0 - 0.125 + 2.250 = 2.875

C. 23/8 = 2.875 ---- CORRECT

Hence C is the answer
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Re: The table above show the daily change in the price of a certain stock  [#permalink]

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New post 28 Nov 2018, 00:35
3/2-3/4-1/8+9/4=(12-6-1+18)/8=23/8 i.e C
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Re: The table above show the daily change in the price of a certain stock   [#permalink] 28 Nov 2018, 00:35
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The table above show the daily change in the price of a certain stock

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