Question

Mateo’s aunt bought a share of stock many years ago.

The value of the stock increased by 80%.

Its value is now $270.

What was the value of the stock when Mateo’s aunt bought it?

Answer 1

Answer:

let the value of share in a stock be x

then,now increased value = 80% of x

=80/100×x

increased value= 180/100× x

so,180/100×x = 270

x = 150