A stock trader originally bought 300 shares of stock from a company at a total cost of m dollars. If each share was sold at 20% above the original cost per share of stock, then interns of m for how many dollars was each share sold?
Select the correct option:
A) a) 2m/300	B) b) m/300	C) c) m/200	D) d) 3m/250	E) e) 350/m
Let Cost of 300 shares be $ 3000   So, Cost of 1 shares be $ 10 =&gt;m/300   Selling price per share = (100+20)/100 * m/300   Or, Selling price per share = 6/5 * m/300 =&gt; 3m/250   Hence answer will be (d) 3m/250)
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A stock trader originally bought 300 shares of stock from a company at a total cost of m dollars. If each share was sold at 20% above the original cost per share of stock, then interns of m for how many dollars was each share sold?