The percent gain is 52.1%
Step-by-step explanation:
Given
Purchase price of one share = $22.75
Sale price of one share = $34.60
Total shares = 400
So,
Total purchase price of shares = 22.75*400 = $9100
Total sale price of shares = 34.60*400 = $13840
Total capital gain:
Percent capital gain is given by:
Rounding off to nearest tenth
52.1%
Hence,
The percent gain is 52.1%
Keywords: Percentage, capital gain
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The best approximation for the solution to this system of equations is (-2.2,-3)
Option C is correct.
Step-by-step explanation:
Solving the system of equations to get the exact value of x:
Let
Putting value of y from eq(1) into eq(2)
So, Value of x is -2.2
The best approximation for the solution to this system of equations is:
x=-2.2 and y = -3
(-2.2,-3)
Option C is correct.
Keywords: System of equations
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y = 4
first note that the right side simplifies to 12, equation can be written
= 12 ( multiply both sides by 0.8 )
2y + 1.6 = 9.6 ( subtract 1.6 from both sides )
2y = 8 ( divide both sides by 2 )
y = 4