PS-Need Sloution

This topic has expert replies
Senior | Next Rank: 100 Posts
Posts: 70
Joined: Sun Mar 18, 2007 9:35 am
Location: mumbai
Followed by:1 members

by RAGS » Wed Apr 25, 2007 11:58 am
The avg price of stock portfolio increased by 2%
ie total rise in value 2% (20+35+40+45+70) = 4.2
also the increase in 15% minus dectrease in 35% should be 4.2

so looking at options taking what remains from the options to calculate

A 15% of 45 - 35% of 40 is not equal to 4.2 is infact negative

B 15% of 40 - 35% of 35 is not equal to 4.2 is infact negative

C 15% of 70 - 35% of 45 is not equal to 4.2 is infact negative

D 15% of 45 - 35% of 20 is not equal to 4.2 is infact negative

E 15% of 70 - 35% of 20 is 10.5 - 7 is closer to the ans

It seems to be E though i am not sure
If It Is To Be It Is Up To Me