Number of stocks held = 30
Price at which each shares of Lofty Cheese Company bought = 20 1/4
= (81/4) dollars
Price at which each shares of Lofty Cheese Company sold = 25 1/4
= (101/4) dollars
Amount of profit made per share of Lofty Cheese Company = [(101/4 - (81/4)] dollars
= (20/4) dollars
= 5 dollars
Amount of profit made for 30 shares of Lofty Cheese Company = (30 * 5) dollars
= 150 dollars.
So you will make a profit of $150.The correct option in regards to the question given is option "C".
How can I ask questions without answering questions it’s kind of annoying
The proportion is 4:7 compared to the proportion ?:42. The way I prefer to do this is 7÷4=1.75. 1.75 is the difference between the smaller and larger rectangles. Then take 42÷1.75=24. The perimeter of the smaller rectangle is D. 24.
The equivalent value of 33% expressed in a ratio, fraction, and decimal is 33 : 100, 33/100 and 0.33 respectively
<h3>Ratio, Fraction and decimal</h3><h3 />
33%
In ratio:
33%
= 33 / 100
= 33 : 100
In fraction:
33%
= 33/100
In decimal:
33%
= 33/100
= 0.33
Therefore, the equivalent value of 33% expressed in a ratio, fraction, and decimal is 33 : 100, 33/100 and 0.33 respectively
Learn more about ratio:
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