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Hyppo
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Hyppo
Could some one please help me understanding following question?

Stock Number of shares
V 68
W 112
X 56
Y 94
Z 45


The table shows the number of shares of each of the 5 stocks owned by Sami. If Mr. Sami was to sell 20 shares of the stock X and buy 24 shares of Stock Y, waht would the increase in the range of the numbers of shares of the 5 stocks owned by Mr. Sami?

4
6
9
15
20

Range = Max-Min
Presently,
Max=n(W)=112
Min=n(Z)=45
Current Range = 112-45=67

If,
n(X)=56-20=36
n(Y)=94+24=118

Now,
Max=n(Y)
Min=n(X)

Range After the purchase and sell=118-36=82

Increase in Range=82-67=15.

Ans: "D"
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V 68
W 112
X 56
Y 94
Z 45

Range = 112-45 = highest - lowest

now

V 68
W 112
X 56-20 = 36
Y 94+24 = 118
Z 45

Range = 118-36

Increase in range = 118-36 -(112-45) = 118-36-112+45 = 6+9 = 15

Answer should be D = 15
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Thank you all.

My understanding of what "range" does mean was not correct.
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Stock Number of shares New Number for shares
V , 68 , 68
W , 112 , 112
X , 56 , 36
Y , 94 , 118
Z , 45 , 45
RANGE , 112-45=67 , 118-36=82

82-67 = 15

Hence, (D)



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