At the end of year 1998, Ramesh bought 108 shares. Henceforth, every year he added $p %$ of the shares at the beginning of the year and sold $q %$ of the shares at the end of the year where p $>$ 0 and q $>$ 0. If Ramesh had 108 shares at the end of year 2002, after making the sales for that year, which of the following is true?

p = q

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p < q

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p > q

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P = q/2

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Solution

The correct option is C p > q
If the numbers of shares remain constant, then p has to be greater than q. Because, we are taking $p %$ on base price after getting increased we take $q %$ of that, which is greater than the base price. Answer is option (c).

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The correct option is C p > qIf the numbers of shares remain constant, then p has to be greater than q. Because, we are taking p% on base price after getting increased we take q% of that, which is greater than the base price. Answer is option (c).

The correct option is C p > q
If the numbers of shares remain constant, then p has to be greater than q. Because, we are taking $p %$ on base price after getting increased we take $q %$ of that, which is greater than the base price. Answer is option (c).