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a person sold 100 shares of a stock at a loss of 40%. If the selling price of the 100 shares was $3000, which of

a person sold 100 shares of a stock at a loss of 40%. If the selling price of the 100 shares was $3000, which of the following comes closest to what was paid for the stock?

a. $4200

b. $4800

c. $5000

d. $7500

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