A certain portfolio consisted of 5 stocks, priced at $20, $35, $40, $45, and $70, respectively. On a given
day, the price of one stock increased by 15%, while the price of another stock decreased by 35% and the
prices of the remaining three remained constant. If the average price of a stock in the portfolio rose by
approximately 2%, which of the following could be the prices of the shares that remained constant?
(A) $20, $35, and $70 (B) $20, $45, and $70 (C) $20, $35, and $40
(D) $35, $40, and $70 (E) $35, $40, and $45
OE E
I have no idea how to approach this question.
day, the price of one stock increased by 15%, while the price of another stock decreased by 35% and the
prices of the remaining three remained constant. If the average price of a stock in the portfolio rose by
approximately 2%, which of the following could be the prices of the shares that remained constant?
(A) $20, $35, and $70 (B) $20, $45, and $70 (C) $20, $35, and $40
(D) $35, $40, and $70 (E) $35, $40, and $45
OE E
I have no idea how to approach this question.
