Answer:
Step-by-step explanation:
Just remember to divide the diameter by two to get the radius. If you were asked to find the radius instead of the diameter, you would simply divide 7 feet by 2 because the radius is one-half the measure of the diameter. The radius of the circle is 3.5 feet. You can also use the circumference and radius equation.
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".
7/9% is not 7/9 of 1, it's 7/9 of 0.01.
So, it is 0.0078
Hope this helps!
