Free Practice Question
PS · Problem Solving
705-805
Fractions/Ratios/Decimals
An investment manager is considering 3 stocks, P, Q, and R for her portfolio. For the cost of 1 share of P, she could buy 3 shares of Q or 5 shares of R. If she invested an amount equal to the cost of 4500 shares of Q but purchased equal numbers of shares of P and R and no shares of Q, how many shares of R did she buy?
Answer Choices
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250
B
625
C
1250
D
3,650
E
3,750
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Explanation
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Difficulty
705-805
Type
PS
Category