Question

A stock price opened at 33 1/4 at the beginning of the day. It closed 1 1/2 points higher. What was the closing price stock ?

Answer 1

`33 (1)/(4) + 1 (1)/(2) = 33 (1)/(4) + 1 (2)/(4) = 34 (3)/(4)`

The closing stock price was 34 3/4.