Question

A particular stock is valued at $50 per share if the value increases by 33*1/3% and then again increased by 20% What will be value of stock per share after the second increase

Answer 1

Step-by-step explanation:

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4

Chandan Troughia

Here the BASE price is 40$. so according to the first statement the 20% increase can be calculated by multiplying the BASE to the Decimal equivalent of 100% + 20% = 120% which is 1.2 .

Therefore => 1.2(40$) = 48$

Now as per the second statement the 25% decrease can be calculated by multiplying the NEW BASE(48$) with the decimal equivalent of 100% - 25% = 75% which is .75 .

Therefore => .75(48$) = 36$

Solved.

hey friend you can put in the place of 40