Jerome anticipated that the WebWeb.com stock price would fall and sold all his WebWeb.com stocks for $5 per stock. He paid $10,000 tax on the revenue. A week later, Jerome became convinced that the WebWeb.com stock price would rise, and he used the money that he had gotten from selling the WebWeb.com stocks to purchase them again, this time at $6 per stock. If Jerome ended up having 7000 WebWeb.com stocks fewer than the number he had before selling them, how many WebWeb.com stocks did he have originally?
Choose the correct answer:
A) 10,000	B) 11,600	C) 17,000	D) 14,000	E) 16,400
Let the number of shares be x.   5*x -10000(money paid in taxes) = 6(x- 7000)   Solving for x, we get the shares as 17000.   Ans :(Option 17,000)
<result>C</result>
Jerome anticipated that the WebWeb.com stock price would fall and sold all his WebWeb.com stocks for $5 per stock. He paid $10,000 tax on the revenue. A week later, Jerome became convinced that the WebWeb.com stock price would rise, and he used the money that he had gotten from selling the WebWeb.com stocks to purchase them again, this time at $6 per stock. If Jerome ended up having 7000 WebWeb.com stocks fewer than the number he had before selling them, how many WebWeb.com stocks did he have originally?