2 times (9+7) is correct.
9 + 7 = 16.
16 multiplied by 2 is 32.
28x - 2 = 26x + 6
2x = 8
x = 4
It started at $37.
It went down $3.
37 - 3 = 34
It went up 1.
34 + 1 = 35
It went down 7.
35 - 7 = 28
It went up 4.
28 + 4 = 32
The price at the end of the day was $32.
7x+(x-4)(X+5)-5x
7x+(X*2+ 5x-4x-20)-5x
7x+(X*2+ x-20)-5x
X*2+3x-20
Answer: 20%
100 shares at $45each cost 100*45 = $4500
After a year, he sold the share at the rate if $52 each and it cost 52*100 = 5200
He received dividend of $2 on each dollars meaning 100*2 = $200
So,
$5200+200 = 5400
Profit = $5400 - 4500 = 900
%profit = 900*100 / 4500 = 20