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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?

1 Answer

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Answer:the price of the stock at closing on Wednesday is $10

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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