The answer would be D) 98.8% because if the initial price is $25 per share, then Gavin would have spent $12,500. None of the other answers make sense since if it was just 3% or 82.3%, then it would be too much to equal $150 in return. If you were to put C, then the shares would equal $4.43 each, and If you bought 500 shares, then it would equal $2,212.5 which would be way more than $150. In the other hand, D is correct because then only 1 share would equal $0.3 and that multiplied by 500 equals precisely $150.
Hope this helps!
AWNER is 6
Hope it helps u
The answer for this equation is A
<span>In this case, that would be 13,000.</span>
Answer:
48 hats and 104 shirts
Step-by-step explanation:
These are the equations you build from the problem:
h + s = 152
8.50h + 12s = 1656
This is how I solved them:
s= 152-h
8.5h + 12(152-h) = 1656
8.5h + 1824 - 12h = 1656
Solve for h
h= 48
Put this into first equation (h +s = 152) to get s
