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A pharmaceutical company’s stock price was $20.33 on Monday. On Tuesday, the price went up $0.35. On Wednesday, the price decreased from Tuesday’s price by $1.05. On Thursday, the price went up $0.95 from Wednesday’s price. Which of the following was the final price on Thursday?

A. $20.68

B. $19.63

C. $20.63

D. $20.58

Answer Explanation:

Thursday’s stock price is found by determining the price of the stock on Tuesday and Wednesday.

Stock price on Monday= $20.33

Stock price on Tuesday= $(20.33+0.35)=$20.68

Stock price on Wednesday =$(20.68-1.05)=$19.63

Stock price on Thursday = $(19.63+0.95)=$20.58

Therefore, the price of the stock on Thursday was $20.58

Therefore, the Correct Answer is D.

Q #1: To determine the cost of producing the phone, the manufacturing company considers the location of raw materials, tax percent, and the price of chips. Which of the following is the dependent variable?

A. Price of chips

B. Cost of the phone

C. Raw materials

D. Tax percent

Answer Explanation
Q #2: A motor company’s stock price was $33.20 on Tuesday. On Wednesday, the price went up $2.45. On Thursday, the price decreased from Wednesday’s price by $1.50. On Friday, the price went up $1.62 from Thursday’s price. Which of the following was the final price on Friday?

A. $35.65

B. $34.15

C. $35.77

D. $34.82

Answer Explanation
Q #3: A circle has an area of 36\pi in2. Which of the following is the circumference of the circle in terms of pi ( \pi)?

A. 3 \pi in

B. 6 \pi in

C. 12 \pi in

D. 24 \pi in

Answer Explanation

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