Answer:
Step-by-step explanation:
30% off of $18.00
so that makes the price $12.60
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".
No mode or 43 i know the 43 sounds crazy but with math now days you never know.
A y-intercept always has to have an x-value of 0 so the answer is D (the last option)
