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Mathematics

Tanvi had a keen interest to invest in share market. So, she took lessons from an investment coach. The coach told her to watch the fluctuations in the value of share over a period of time. She found that on April 1, the price of a share of XYZ company was ₹2552.

(1) On April 2, the price of this share changed by gaining ₹37. What was the price of each share of XYZ on April 2 ?

  1. ₹2515
  2. ₹2589
  3. ₹2562
  4. ₹2573

(2) On April 3, the price changed by losing ₹16 by 12 pm and then again losing ₹8 by the end of the day. What was the price of each share of XYZ by the end of the day on April 3 ?

  1. ₹2528
  2. ₹2565
  3. ₹2576
  4. ₹2603

(3) On April 4, the price of XYZ company's share changed by gaining ₹11 by 12 pm and then again gaining ₹14 by the end of the day. What was the price of each share of XYZ by the end of the day on April 4?

  1. ₹2540
  2. ₹2564
  3. ₹2590
  4. ₹2614

(4) On April 5, the price of the share changed by losing ₹13 by 12 pm and then gaining ₹4 by the end of the day. What was the price of each share of XYZ by the end of the day on April 5 ?

  1. ₹2599
  2. ₹2607
  3. ₹2612
  4. ₹2581

Integers

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Answer

(1) Price on April 2

Given:

Opening price (April 1) = ₹2552

Change = gain of ₹37

Price on April 2 = ₹2552 + ₹37 = ₹2589

Hence, option 2 is the correct option.

(2) Price by the end of April 3

Given:

Change 1 = Loss of ₹16
Change 2 = Loss of ₹8
Total loss = ₹16 + ₹8 = ₹24

Price on April 2 = ₹2589 \hspace{1cm}(from the previous step)

Price by the end of April 3 = Price on April 2 - Total loss

Substituting the values, we get:

Price by the end of April 3 = ₹2589 - ₹24 = ₹2565

Hence, option 2 is the correct option.

(3) Price by the end of April 4

Given:

Change 1 = Gain of ₹11
Change 2 = Gain of ₹14
Total Gain = ₹11 + ₹14 = ₹25

Price on April 3 = ₹2565 \hspace{1cm}(from the previous step)

Price by the end of April 4 = Price on April 3 + Total Gain

Substituting the values, we get:

Price by the end of April 4 = ₹2565 + ₹25 = ₹2590

Hence, option 3 is the correct option.

(4) Price by the end of April 5

Given:

Change 1 = Loss of ₹13
Change 2 = Gain of ₹4

Price on April 4 = ₹2590 \hspace{1cm}(from the previous step)

Price by the end of April 5 = ₹2590 - ₹13 + ₹4 = ₹2581

Hence, option 4 is the correct option.

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