Question

4. Four friends Sheldon, Raj, Leonard and Howard decided to invest their 50,000 dollars savings
in stocks. Each chooses a different stock. One chooses a blue chip stock, another a growth
stock, the other chooses an income stock and another chooses a penny stock. From the
following clues, determine who bought which stock.
a. Sheldon and the owner of the blue chip stock purchased their shares through an
online brokerage, while Raj and the owner of the growth stock did not.
b. The gain in value of Leonard’s stocks is twice the gain in the value of the growth stock.
c. The income stock is traded on American Stock Exchange, whereas the stock that Raj
bought is trades on the Chicago Stock Exchange

Answer 1

Answer:

Wow big bang theory

Explanation:

Answer 2

Answer:

Sheldon - income stock

Raj - Penny stock

Leonard - Blue stock

Howard - Growth stock

Explanation:

clue 1: Sheldon is not the blue stock owner, as well as Raj. Raj is also not a growth stock owner. owner of growth is not same as where blue stock was bought therefore cross sheldon as growth owner.

clue 2: Leonard is not the growth owner

clue 3: Raj is not the income stock owner

Therefore: Raj is the penny stock owner

Sheldon as Income stock owner

Cross out other clues and end up with the answer.

(use a table or excel for visual representation)