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Answer to Q109

A man had 10⅔kg of onions and sold ⅔ of it. How much does he have left?

If 10kg is your answer, you are so wrong. The question didn't say he sold ⅔kg of the onions, he sold ⅔ of the entire onions.

So how much is ⅔ of 10⅔:
10⅔ = ³²⁄₃
⅔ of that
³²⁄₃ x ⅔
64 ÷ 9
= 7⅑

But wait, that's not what the question asked, the question was how much he had left, not how much he sold.

So how much he had left will be (10⅔ - 7⅑) or simply (⅓ of 10⅔) [you will arrive at the same answer either way].
so, ⅓ of 10⅔:
³²⁄₃ x ⅓
32 ÷ 9
= 3⁵⁄₉

Answer: 3⁵⁄₉

I spotted the error in the options after several people have voted so I decided to leave it in because whoever got the correct answer should know it was just an error.



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Answer to Q109

A man had 10⅔kg of onions and sold ⅔ of it. How much does he have left?

If 10kg is your answer, you are so wrong. The question didn't say he sold ⅔kg of the onions, he sold ⅔ of the entire onions.

So how much is ⅔ of 10⅔:
10⅔ = ³²⁄₃
⅔ of that
³²⁄₃ x ⅔
64 ÷ 9
= 7⅑

But wait, that's not what the question asked, the question was how much he had left, not how much he sold.

So how much he had left will be (10⅔ - 7⅑) or simply (⅓ of 10⅔) [you will arrive at the same answer either way].
so, ⅓ of 10⅔:
³²⁄₃ x ⅓
32 ÷ 9
= 3⁵⁄₉

Answer: 3⁵⁄₉

I spotted the error in the options after several people have voted so I decided to leave it in because whoever got the correct answer should know it was just an error.

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Spiking bond yields driving sharp losses in tech stocks

A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year. A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.

The SSE was the first modern stock exchange to open in China, with trading commencing in 1990. It has now grown to become the largest stock exchange in Asia and the third-largest in the world by market capitalization, which stood at RMB 50.6 trillion (US$7.8 trillion) as of September 2021. Stocks (both A-shares and B-shares), bonds, funds, and derivatives are traded on the exchange. The SEE has two trading boards, the Main Board and the Science and Technology Innovation Board, the latter more commonly known as the STAR Market. The Main Board mainly hosts large, well-established Chinese companies and lists both A-shares and B-shares.

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