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".
Answer:
5 76/100
Reduce the fractional part of the mixed number.
5 19/25
Convert
5 19/25
to an improper fraction.
A mixed number is an addition of its whole and fractional parts.
5
+
19
25
Add
5
and
19
25
.
Tap for fewer steps...
To write
5
as a fraction with a common denominator, multiply by
25
25
.
5
⋅
25
25
+
19
25
Combine
5
and
25
25
.
5
⋅
25
25
+
19
25
Combine the numerators over the common denominator.
5
⋅
25
+
19
25
Simplify the numerator.
Multiply
5
by
25
.
125
+
19
25
Add
125
and
19
.
144/25
Step-by-step explanation:
Answer:
x=11
Step-by-step explanation:
7x-9-4(x-1)=28
7x-9-4x+4=28
3x-5=28
3x=33
x=11
As the number -1 1/2 would be to the left because it is negative, if it is as the number's integer, then the new number would be 1 1/2 because 1 1/2 and -1 1/2 are integers.
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