Yesterday's closing prices of 2,640 different stocks listed on a certain stock exchange were all different from today's closing prices. The number of stocks that closed at a higher price today than yesterday was 20 percent greater than the number that closed at a lower price. How many of the stocks closed at a higher price today than yesterday?
Choose the correct choice from the following options:
A) 484
B) 726
C) 1,100
D) 1,320
E) 1,440
Lets consider the below -   The number of stocks that closed at a higher price = H   The number of stocks that closed at a lower price = L   We understand from first statement -&gt; H+L = 2640 ----(1)   We understand from second statement -&gt; H = (120/100)L =&gt; H = 1.2L ----(2)   Solve eq (1)(2) to get H = 1440.   1,440 is my answer.
<result>E</result>
Yesterday's closing prices of 2,640 different stocks listed on a certain stock exchange were all different from today's closing prices. The number of stocks that closed at a higher price today than yesterday was 20 percent greater than the number that closed at a lower price. How many of the stocks closed at a higher price today than yesterday?