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 50% above the original cost per share of stock, then interns of n for how many dollars was each share sold?
Select the correct option:
A) a) 2n/300
B) b) n/300
C) c) n/200
D) d) n/300 + 50
E) e) 350/n
Let c) n/200ost of 300 shares be $ 3000   So, c) n/200ost of 1 shares be $ 10 =&gt;n/300   Selling price per share = (100+50)/100 * n/300   Or, Selling price per share = 3/2 * n/300 =&gt; m/200   Hence answer will be (c) n/200)
<result>C</result>
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 50% above the original cost per share of stock, then interns of n for how many dollars was each share sold?