No algebra is allowed how to solve it choosing numbers
I really do have an elegant algebraic solution
i.e. is why i am asking for choosing numbers
Yo i asked the question and solved it by my self Some one please check my work
Price per share is 200 it increases by 50% (K) and now it is 300
earning per share is 10 and it increases by 25 % (r) now it is 12.5 Also satisfying (K>R)
the ratio of ice per share to earning per share was 20 and now it is 24 an increase of 20 %
the only answer choice that works is d i.e. is the correct
is my approach correct???
Yo! But I just did the same with price per share as P1 and P2, and earnings per share as E1 and E2
Pretty sure the algebra was nasty