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5 September, 19:00

On Monday a stock sold for $12 a share at closing. On Tuesday the selling price for the stock was down $3 a share at closing. On Wednesday the price of the stock at closing was up $1 from Tuesday. What was the price of the stock at closing on Wednesday?

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  1. 5 September, 19:01
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    Answer:the price of the stock at closing on Wednesday is $10

    Step-by-step explanation:

    On Monday a stock sold for $12 a share at closing. On Tuesday the selling price for the stock was down $3 a share at closing. This means that the amount at which the stock sold a share at closing on Tuesday is 12 - 3 = $9

    On Wednesday the price of the stock at closing was up $1 from Tuesday. This means that the amount at which the stock sold a share at closing on Wednesday is

    9 + 1 = $10
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