Yesterday's closing prices of 2,200 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) 1,200  D) 1,320  E) 1,694
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 = 2200 ----(1)   We understand from second statement -&gt; H = (120/100)L =&gt; H = 1.2L ----(2)   Solve eq (1)(2) to get H = 1200.   1,200 is my answer.
<result>C</result>
Yesterday's closing prices of 2,200 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?