The table below shows market data for two stocks on two days.The two stocks are the components of a value weighted index like the S&P 500. Calculate the percentage change in the index over the two days. $$\begin{array} { | c | c | c | c | c | }
\hline & \text { Stock 1 } & & \text { Stock 2 } & \
\hline \text { Date } & \text { Price } & \text { Shares Outstanding } & \text { Price } & \text { Shares Outstanding } \
\hline 1 & \$ 1 & 100 & \$ 2 & 150 \
\hline 2 & \$ 1.50 & 100 & \$ 2.20 & 150 \
\hline
\end{array}$$
A)10%
B)20%
C)30%
D)40%
E)50%

Question

The table below shows market data for two stocks on two days.The two stocks are the components of a value weighted index like the S&P 500. Calculate the percentage change in the index over the two days. $$\begin{array} { | c | c | c | c | c | } 
\hline & \text { Stock 1 } & & \text { Stock 2 } & \
\hline \text { Date } & \text { Price } & \text { Shares Outstanding } & \text { Price } & \text { Shares Outstanding } \
\hline 1 & \$ 1 & 100 & \$ 2 & 150 \
\hline 2 & \$ 1.50 & 100 & \$ 2.20 & 150 \
\hline
\end{array}$$
A)10%
B)20%
C)30%
D)40%
E)50%

Quizplus · Accepted Answer

The Answer of The table below shows market data for two stocks on two days.The two stocks are the components of a value weighted index like the S&P 500. Calculate the percentage change in the index over the two days. $$\begin{array} { | c | c | c | c | c | } 
\hline & \text { Stock 1 } & & \text { Stock 2 } & \
\hline \text { Date } & \text { Price } & \text { Shares Outstanding } & \text { Price } & \text { Shares Outstanding } \
\hline 1 & \$ 1 & 100 & \$ 2 & 150 \
\hline 2 & \$ 1.50 & 100 & \$ 2.20 & 150 \
\hline
\end{array}$$
A)10%
B)20%
C)30%
D)40%
E)50%

The Table Below Shows Market Data for Two Stocks on Two