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BMAT考试练习题:
The price of a particular share varies from day to day. On Monday the
price of the share was£1.
Tuesday’s price was 20% higher
than Monday’s, and Thursday’s price was 25% up on Wednesday’s price. By the Friday of that week the price had
returned to£1.
Helen bought ?1000 worth of this share on Monday and then sold them on
Thursday to make a profit of£350.
Paul bought£3000worth of this share on Tuesday, but had to sell them the following day.
Assuming that there are negligible costs associated
with buying and selling these shares, what was the return on Paul’s investment?
A He made a loss of£1050.
B He made a loss of£750.
C He made a loss of£300.
D He broke even.
E He made a profit of£300.
F He made a profit of£750.
G He made a profit of£1050.
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