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A particular stock is valued at $40 per share. If the value

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A particular stock is valued at $40 per share. If the value [#permalink] New post 23 May 2019, 00:56
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A particular stock is valued at $40 per share. If the value increases by 20 percent and then decreases by 25 percent, what will be the value of the stock per share after the decrease?

[Reveal] Spoiler: OA
$36 per share


Math Review
Question: 12
Page: 220
Difficulty: medium

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Re: A particular stock is valued at $40 per share. If the value [#permalink] New post 23 May 2019, 06:22
Expert's post
Carcass wrote:
A particular stock is valued at $40 per share. If the value increases by 20 percent and then decreases by 25 percent, what will be the value of the stock per share after the decrease?

[Reveal] Spoiler: OA
$36 per share


Math Review
Question: 12
Page: 220
Difficulty: medium


A particular stock is valued at $40 per share.

If the value increases by 20 percent...
10% of 40 = 4
So, 20% of 40 = 8
The resulting price = $40 + $8 = $48

...and then decreases by 25 percent
25% of $48 = 1/4 of $48 = $12
The resulting price = $48 - $12 = $36

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Brent
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Re: A particular stock is valued at $40 per share. If the value   [#permalink] 23 May 2019, 06:22
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