Maurice bought 25 shares of stock at $9.85 per share and sold them for $11.22 per share. (Do not use commas, percentage signs or dollar signs in your answers. Round percentage answers to the nearest tenth) What was his purchase price?

Answers

Answer 1

Solution: 25 × $9.85= $246.25 purchase price

25 × $11.22 = $280.5 sale price

$280.5 – $246.25 = $34.25 profit in dollars

$34.25 ÷ $246.25 = 0.139 = 13.9% ROI

Answer 2

Purchase price of the share is equals to 246.25dollars.

Profit percentage is equals to 13.9 percentage ( nearest tenth).

What is purchase price?

" Purchase price is defined as the total amount paid to buy any product."

Formula used

Profit = Selling price - Purchase price

Profit percentage = [tex]\frac{profit}{cost price} (100)[/tex]

According to the question,

Total number of shares = 25

Purchase price of one share =  9.85 dollars

Selling price of 1 share = 11.22 dollars

Therefore,

Purchase price of 25 shares = (9.85 × 25 )dollars

                                               = 246.25 dollars

Selling price of 25 shares = (11.22 × 25) dollars

                                           = 280.5 dollars

Selling price > Purchase price

Therefore,

Profit = Selling price - Purchase price

         = 280.5 - 246.25

         = 34.25 dollars

Substitute the value in the formula we get,

Profit percentage = [tex]\frac{34.25}{246.25} (100)[/tex]

                              = 13. 9 percentage ( nearest tenth)

Hence, purchase price of the share is equals to 246.25dollars.

Profit percentage is equals to 13.9 percentage ( nearest tenth).

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Related Questions


10 ft
8 ft


Find the perimeter of this figure to the
nearest hundredth. Use 3.14

Answers

Answer:

48.56 ft

Step-by-step explanation:

==>Given:

A rectangular figure joined with a half circle with the following dimensions:

Length of rectangle (l) = 10ft

Width of rectangle (w) = 8ft

Diameter of the half circle (d) = the width of the rectangle = 8ft

π = 3.14

==>Required:

Perimeter of the figure = perimeter of a rectangle + permimeter of the half circle

==>Solution:

Perimeter of rectangle = 2(l + w)

Perimeter of half circle = ½ of circumference of a circle = ½πd

Perimeter of the figure = 2(10 + 8) + (½*3.14*8)

= 2(18) + (3.14*4)

= 36 + 12.56

Perimeter = 48.56 ft (to the nearest hundredth)

Answer:56.56

Step-by-step explanation:

For the perimeter of a rectangle

P = 2 × (a + b)

P = 2 × (8 + 10)

P = 2 × 18

P = 36

For the perimeter of a semicircle

P = (pi × r) + (2 × r)

Diameter = 8

Radius = 8/2

Radius = 4

P = (3.14 × 4) + (2 × 4)

P = 12.56 + 8

P= 20.56

Perimeter of this figure

P = r + c

P = 36 + 20.56

P = 56.56

Applying the recursive rule aₙ; a ₙ ₋ ₁ + 3, write the first seven (7) terms of the sequence when a = 10.

Answers

Answer:

First seven terms apart from 10 are

13, 16, 19, 22, 25, 28, 31

Step-by-step explanation:

Given recursive rule aₙ = a ₙ ₋ ₁ + 3

a1 = 10

[tex]x_{1} = 10\\x_{2} = x_{2-1} + 3= x_{1} + 3 = 10 + 3 = 13\\x_{3} = x_{3-1} + 3= x_{2} + 3 = 13 + 3 = 16\\x_{4} = x_{4-1} + 3= x_{3} + 3 = 16 + 3 = 19\\x_{5} = x_{5-1} + 3= x_{4} + 3 = 19 + 3 = 22\\x_{6} = x_{6-1} + 3= x_{5} + 3 = 22 + 3 = 25\\\x_{7} = x_{7-1} + 3= x_{6} + 3 = 25 + 3 = 28\\x_{8} = x_{8-1} + 3= x_{7} + 3 = 28 + 3 = 31[/tex]

Thus, first seven terms apart from 10 are

13, 16, 19, 22, 25, 28, 31

Which set of numbers can represent the side lengths in centimeters of a right triangle?
8.12.15
10 24 26
12. 20, 25
0 15 18.20

Answers

Answer:

8.12.15

Step-by-step explanation:

mark brainliest plz

find the sum 12x^2+3x+6

Answers

Answer:

[tex]3(8x ^{2} + x + 2)[/tex]

factor out 3 polynomial 8xsqurd +x+2 not factored as it doesn't have any rational roots

Answer:

This cannot be simplified any further.

Step-by-step explanation:

HELPPPPPPPPPPP PLZZZZZZZZZZZZZZZZZZZZ!!!!!!!!!!!!

Answers

Answer:

58

Step-by-step explanation:

First, find the interior angle adjacent to the angle GFD.

180 - (34+24) = 180 - 58 = 122

Now, the exterior angle = 180 - 122 = 58

hope this helps

When [(a2bc4)(ab3c2)]2(b2c5)3 is simplified, the exponent of b is Answer


all the numbers are roots and powers

Answers

Answer:

14

Step-by-step explanation:

We want to simplify [tex][(a^2bc^4)(ab^3c^2)]^2 (b^2c^5)^3[/tex] so as to find the exponent of b.

Let us expand all brackets:

[tex][(a^2bc^4)(ab^3c^2)]^2 (b^2c^5)^3\\\\= [a^3b^4c^6]^2 (b^{2*3}c^{5*3})\\\\= [a^6b^8c^{12}] (b^{6}c^{15})\\\\= a^6b^{8+6}c^{12 + 15}\\\\= a^6b^{14}c^{27}[/tex]

The exponent of b is 14.

Harun and Anis have m boys and n girls. How many children do they have?​

Answers

They have two children
Answer: Harun and Anis amount of children = m + n.

Explanation: They have an unknown amount of children.

if f(x)= x/2-3 and g(x)=4x^2+x-4 find (f+g) (x)

Answers

Answer:

(f+g) (x)=4x^2+3x/2-7

Step-by-step explanation:

f(x)= x/2-3 and g(x)=4x^2+x-4

(f+g) (x)=?

(f+g) (x)=f(x)+g(x)

(f+g) (x)=x/2-3+4x^2+x-4

combining like terms

(f+g) (x)=4x^2+x/2+x-3-4

(f+g) (x)=4x^2+3x/2-7

hope it helps. Brainliest please

A building is being constructed. When completed, it will be 596 meters tall. It currently stands at 77% of this height. Which is the best estimate for the current height of the building? 350 meters 400 meters 450 meters 480 meters

Answers

Answer:

450

Step-by-step explanation:

Since we are estimating, we can round 596 to 600, and 77 to 75

So, we need to find 75%, or 3/4 of 600

600 * 3/4 = 150 * 3 = 450

Answer:

450 meters

Step-by-step explanation:

Evaluate the following expression

Answers

Answer:

Hope this is correct

Step-by-step explanation:

HAVE A GOOD DAY!

Yolo has 2 pieces of string. One is 32 inches long, the other is 48 inches long. She wants to make as many necklaces as she can, all of the same length. What is the longest necklace that can be made?

Answers

The Greatest Common Factor of 32 and 48 is 16.

The longest necklace she can make is of 16 inches length.

She can make a necklace 80 inches long

given angle2 and angle 4 are vertical angels. prove angle 2 cong angle 4

Answers

Answer:

Use the Vertical Angles Theorem

Step-by-step explanation:

The vertical angles theorem states that angles vertical/opposite to each other are congruent. Use the vertical angles theorem in your proof.

Answer:

See below.

Step-by-step explanation:

Help a chick out only if u know what u doing

Answers

Answer:

for 12:00 1 for 1:00 2

Step-by-step explanation:

this is a pattern where each number multiplies itself by 2 making 12:00 and 1:00 pm 1 and 2

edit: is it right? if it is, may I have brainliest?

Can I please get help with this?

Answers

m<TSU=85°

please see the attached picture for full solution

hope it helps..

Good luck on your assignment...

y = 2 is a polynomial function.
True or false

Answers

Answer:

false

Step-by-step explanation:


You don’t have to explain this just tell me the tight answer

Answers

Answer:

The triangles are similar by the AA similarity postulate

Step-by-step explanation:

The only thing we know is that the three angles are the same

70+30 +80 = 180 so the missing angle in each triangle is  80  in the first and 70 in the second

The triangles are similar by the AA similarity postulate

How long is 139.5 minutes

Answers

Answer:

[tex]\mathrm{2.325 \: hours}[/tex]

Step-by-step explanation:

[tex]\frac{139.5}{60}=2.325[/tex]

[tex]\mathrm{2 \: hours\: 19.5 \: minutes}[/tex]

One fourth of a number is added to one fifth of the same number. If the result is 18, find the number

Answers

Answer:

[tex]40[/tex]

Step-by-step explanation:

Let [tex]x[/tex] be the number.

[tex]\frac{1}{4} x+\frac{1}{5} x=18[/tex]

[tex]\frac{9}{20} x=18[/tex]

[tex]x=18 \times \frac{20}{9}[/tex]

[tex]x=40[/tex]

If one fourth of a number is added to one fifth of the same number, and the result is 18, then the number = 40

Let the given number be represented by x

One-fourth of the number = x/4

One-fifth of the same number = x/5

One-fourth of the number is added to one fifth of the same number =

x/4  +  x/5  

The result is 18

This can be represented mathematically as:

x/4  +  x/5     =  18

Simplifying the equation above

(5x + 4x)/20  =  18

Cross multiply

5x +  4x  =  18(20)

9x  =  360

x   =  360/9

x   =  40

The number = 40

Learn more on word problem here: https://brainly.com/question/21405634

Find the area of this irregular figure. All angles are right angles. 128 in2 296 in2 256 in2 80 in2

Answers

Answer:

256in²

Step-by-step explanation:

Just add the area the two Rectangals = A=128*2 = 256in² or calclute the whole and deduct the 2 missing sqares 16

384-128=256in²

How do the surface area and volume of a sphere differ in the label of the answer? a. The volume of a sphere is expressed in square units and the surface area of a sphere is expressed in cubic units. c. The volume and surface area of a sphere are both expressed in cubic units. b. The volume of a sphere is expressed in cubic units and the surface area of a sphere is expressed square units. d. The surface area of a sphere cannot be determined because a sphere is a round shape. Please select the best answer from the choices provided

Answers

Answer:

B. The volume of a sphere is expressed in cubic units and the surface area of a sphere is expressed square units.

Step-by-step explanation:

Hi. Can somebody help me with this problem

Answers

Answer:

draw a table and calculate the x axis and find the x intercept

Step-by-step explanation:

Answer:

The correct answer is ..

(-1,-2)

Step-by-step explanation:

First, you reflect over the x-axis and get (1,-2) then reflect over the y- axis and the point will be on (-1,-2)

Hope this helps!

- Quinn <3

Please can anyone Help ASAP

Answers

Answer:

Jemima is wrong because perimeter is sum of all sides and the perimeter of this figure would be the outer sides of it and not the inner sides.

Answer:

See below.

Step-by-step explanation:

She is wrong because  3 times the perimeter  of one triangle is the sum of 9 sides of the triangles.

In the shape  we see that some of the sides of the triangles are 'shared' and dare not part of the perimeter of the shape,  - the perimeter is only the length of 5 sides of a triangle.

So the perimeter is less than the sum of the sides of the 3  triangles.

so 90/7 divided by 1 and three-fourths i keep trying but i keep getting a different answer what would be the best estimate

Answers

Answer:

see below

Step-by-step explanation:

90/7  ÷ 1 3/4

Change to an improper fraction

90/7 ÷ (4*1+3)/4

90/7 ÷7/4

Copy dot flip

90/7 * 4/7

360 /49

The exact answer is 7 17/49

To estimate I would round 49 to 50 and 360 to 350

350/50 is approximately 7 and since I rounded the numerator down and the denominator up,  the answer would be a little higher

liz buys 17 identical tickets for £208.25 estimate the cost of one ticket

Answers

Answer:

£12.25

Step-by-step explanation:

Using unit rate:

[tex]\frac{\text{Price}}{\text{Tickets}}=\frac{208.25}{17}=\frac{208.25/17}{17/17}=\frac{\boxed{12.25}}{1}[/tex]

£12.25 should be the correct answer.

£12.25 just divide 208.25 by 17

What is the length, in units, of segment CD?

Answers

Answer:

The answet is C.

Step-by-step explanation:

First, you have to find the angle of ACB using Sine Rule, sinθ = opposite/hypotenuse :

[tex] \sin(θ ) = \frac{oppo.}{hypo.} [/tex]

[tex]let \: oppo. = 4 \\ let \: hypo. = 5[/tex]

[tex] \sin(θ) = \frac{4}{5} [/tex]

[tex]θ = {\sin( \frac{4}{5} ) }^{ - 1} [/tex]

[tex]θ = 53.1 \: (1d.p)[/tex]

Given that line AB is parallel to line CD so ∠C = 90°. Next, you have to find the angle of ACD :

[tex]ACD = 90 - 53.1 = 36.9[/tex]

Lastly, you can find the length of CD using Cosine rule, cosθ = adjacent/hypotenuse :

[tex] \cos(θ) = \frac{adj.}{hypo.} [/tex]

[tex]let \: θ = 36.9 \\ let \: adj. = 5 \\ let \: hypo. = CD[/tex]

[tex] \cos(36.9 ) = \frac{5}{CD} [/tex]

[tex]CD \cos(36.9) = 5[/tex]

[tex]CD = \frac{5}{ \cos(36.9) } [/tex]

[tex]CD = 6.25 units\: (3s.f)[/tex]

help me, please asap

Answers

Answer:

sup!

the answer is

a point on (0,-1) and (1,3)

Step-by-step explanation:

hope this helps

Can somebody help me with this ?? :)

Answers

Answer:

A.

Step-by-step explanation:

We have AC = DF, ∠A =∠D, so

we need AB = DE.

We get SAS congruence.

Rectangle ABCD has vertices A(–6, –2), B(–3, –2), C(–3. –6), and D(–6, –6). The rectangle is translated so that the coordinates of the image are A’(–10, 1), B’(–7,1), C’(–7, –3), and D’(–10, –3). Which rule was used to translate the image? T–4, 3(x, y) T–4, 1(x, y) T4, –1(x, y) T4, –3(x, y)'

Answers

Answer:

T₋₄, ₃ (x, y)

Step-by-step explanation:

The coordinates of rectangle ABCD are;

A = (-6, -2)

B = (-3, -2)

C = (-3, -6)

D = (-6, -6)

The coordinates of the image are;

A' = (-10, 1)

B' = (-7, 1)

C' = (-7, -3)

D' = (-10, -3)

We note that for A and A', x - x' = -6 + 10 = 4 and y - y' = -2 - 1 = -3

For B and B', x - x' = -3 + 7 = 4 and y - y' = -2 - 1 = -3

For C and C', x - x' = -3 + 7 = 4 and y - y' = -6 + 3 = -3

For D and D', x - x' = -6 + 10 = 4 and y - y' = -6 + 3 = -3

Therefore, the transformation rule used to translate the image of rectangle ABCD is T₋₄, ₃ (x, y)

Answer:

T₋₄, ₃ (x, y)

Step-by-step explanation:

Suppose a local vendor charges $2 per hot dog and that the number of hot dogs sold per hour is given by , where is the number of hours since 10 AM, .

Answers

Complete Question:

Suppose a local vendor charges $2 per hot dog and that the number of hot dogs sold per hour is given by [tex]x(t) = -4t^2 + 20t + 60[/tex], where is the number of hours since 10 AM:

a) Find an expression for the revenue per hour as a function of x, R(x)

b) Find and simplify, R(x(t))

Answer:

a) R(x) = 2x

b) [tex]R(x(t)) = -8t^2 + 40t + 120[/tex]

Step-by-step explanation:

a) This is a very trivial exercise.

[tex]x(t) = -4t^2 + 20t + 60[/tex]

The number of hot dogs sold per hour is given by x

Charge per hot dog = $2

An expression of revenue per hour,R, as a function of the number of hot dogs sold per hour, x, is therefore: R(x) = 2x

b) [tex]x(t) = -4t^2 + 20t + 60[/tex]

R(x(t)) = 2(x(t))

[tex]R(x(t)) = 2(-4t^2 + 20t + 60)\\R(x(t)) = -8t^2 + 40t + 120[/tex]

Using the quadratic formula, which of the following are the zeros of the quadratic equation below

Answers

Answer:

the answer for this question is D

Answer:

Correct answer is actually B

Step-by-step explanation:

I used someone’s answer with their work shown for my test

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