Total number of stocks bought = 20
Rate at which each stocks were bought = 31 1/2
= 63/2
Rate at which 20 stocks were bought = 20 * (63/2) dollars
= 10 * 63 dollars
= 630 dollars
Rate at which each stocks were sold = 35 1/4
= 141/4 dollars
Rate at which 20 stocks were sold = 20 * (141/4) dollars
= 5 * 141 dollars
= 705 dollars
Then
Amount of profit made by selling 20 stocks = (705 - 630) dollars
= 75 dollars
So the total amount of profit made is $75. The correct option in regards to the given question is option "D".
Answer:
Step-by-step explanation:
By drawing the point (-3,-1) in the coordinate plane we find the graph shown below. Since there are 10 points between points A and B, we need to start at point A and then we have to move 11 units either to the right, to the left, up, or down
.
1. MOVING TO THE RIGHT:
From point A, move 11 units horizontally to the right to come to point B:
(-3+11, -1) = (8, -1)
2. MOVING TO THE LEFT:
From point A, move 11 units horizontally to the left to come to point B:
(-3-11, -1) = (-14, -1)
3. MOVING UPWARD:
From point A, move 11 units vertically upward to come to point B:
(-3, -1+11) = (-3, 10)
4. MOVING DOWNWARD:
From point A, move 11 units vertically downward to come to point B:
(-3, -1-11) = (-3, -12)
So this are the basic movements you can get to find point B. You also can move diagonally upwards or downwards in whose case you would find other four points. The graph below shows a red point which is A, and the other points are in black color and represent B.
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