Question

one day the price of 23 carats gold dropped by 60 points in the share market but recovered 50 points in the next day . what is the net change in its price

Answer 1

10 is the right answer

Answer 2

Answer:

10 points

Step-by-step explanation:

let 23 carat gold price is x.

so first daty price dropped in share market = 60 points

so the price of 23 carat gold = x-60

second day gold recovered hte price in market = 50 points

so hte new price of 23 carat gold = x-60+50

                                                       = x-10

so net change in gold price = x-10-x

                                              = -10 points

negative sign shows that price decreases throughout the process.

so there weas decrease of 10 points in gold price.