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26 Jun 2025, 00:30
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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:
15%
(low)
Question Stats:
77% (00:45) correct
23%
(01:17)
wrong
based on 123
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The value of a stock is X dollars. On Sunday the stock's value grew by half of its value, but on Monday its value dropped to a third of its new value. What is the stock's value at the end of Monday?
A. X.
B. X/2.
C. 2X/3.
D. X/3.
E. X/4.
Gentle note to all experts and tutors: Please refrain from replying to this question until the Official Answer (OA) is revealed. Let students attempt to solve it first. You are all welcome to contribute posts after the OA is posted. Thank you all for your cooperation!
A. X.
B. X/2.
C. 2X/3.
D. X/3.
E. X/4.
Gentle note to all experts and tutors: Please refrain from replying to this question until the Official Answer (OA) is revealed. Let students attempt to solve it first. You are all welcome to contribute posts after the OA is posted. Thank you all for your cooperation!
26 Jun 2025, 01:23
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Value of stock =$X
Value of stock on Sunday = $X+X/2 = 3X/2
On Monday the stock valued dropped to one third of new Value so
Value on Monday = X/2
Hence option B
Value of stock on Sunday = $X+X/2 = 3X/2
On Monday the stock valued dropped to one third of new Value so
Value on Monday = X/2
Hence option B
26 Jun 2025, 01:26
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Stock value before Sunday - \($X\)
Stock value on Sunday - \($X+(0.5*X)=1.5X\)
Stock value on Monday - \($1.5X/3=0.5X\)
Answer: B
Stock value on Sunday - \($X+(0.5*X)=1.5X\)
Stock value on Monday - \($1.5X/3=0.5X\)
Answer: B
