In the stock market ,on Monday the price of a certain share was ₹ 173,on Tuesday it goes down by ₹2.50 and on Wednesday it gain increased by ₹3.70. what is the net value of the share on Wednesday?
Answers
Answered by
11
Step-by-step explanation:
First subtract 173.00 from 2.50
Answer 170.50
add 170.50 from 3.70
answer 174.20
Answered by
5
Step-by-step explanation:
Value on Monday is Rs. 173
Tuesday's decreased = 2.50
therefore new value = 106%
= 106/100 × 7.50 = 7.95
opening value of share on Wednesday = Rs. 7.95
therefore new value = 98.5%
98.5/100 × 7.95 = 7.83075
opening value of share on Thursday = Rs.7.83075
Therefore new value= 98%
opening value = 98/100 × 7.83075
= 7.674135
= Rs. 7.67
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