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If the total price of \(n\) equally priced shares of a certain stock was \(\$12,000,\) what was the price per share of the stock?
(1) If the price per share of the stock had been \(\$1\) more, the total price of the \(n\) shares would have been \(\$300\) more.
(2) If the price per share of the stock had been \(\$2\) less, the total price of the \(n\) shares would have been \(5\) percent less.
Answer: D
Source: Official Guide
(1) If the price per share of the stock had been \(\$1\) more, the total price of the \(n\) shares would have been \(\$300\) more.
(2) If the price per share of the stock had been \(\$2\) less, the total price of the \(n\) shares would have been \(5\) percent less.
Answer: D
Source: Official Guide
