Answer: 0.
Step-by-step explanation:
In order for a trade to earn a profit, the stock must be sold for more than it was bought. For example, if I buy an apple for 25 cents and sell it to someone else for a dollar, I made a 75 cent profit.
Shorting is when you borrow a stock from someone and selling it. Then, you later buy the stock back and return it.
Now let's examine the options.
I. Bought for $99 and sold for $75 does NOT earn a profit.
II. Sold for $75 and bought for $33 DOES earn a profit.
III. Bought for $99 and sold for $33 does NOT earn a profit.
The answer is II only.
-2x > -14 - 6
- 2x > - 20
x < 10
For example:
(4/9) x=8
Now can solve this equation multiplying each side by 9/4.
(9/4)(4/9)x=(9/4)8
x=18
To check:
(4/9)(18)=(4*18)/9=72/9=8
About 49 pounds
$5.75 x 2 = 11.50
561.60 / 11.50 = 48.83 (round)
49 lbs