The price of a stock decrease rupees 45 for 2nd 4 for consecutive days what was the total change in the value of the stop over 4 day period.
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Answer:
Step-by-step explanation:
Decrease in given stock price daily = 45 rs. (Given)
Number of days = 4 (Given)
Let the price of stock be = x
The price of a stock decreases by Rs.45 per day.
So, for four days, the value of the stock will fall by = 45 × 4 = 180
or
After 4 consecutive day price of stock = x-180
Net change in price = current price - actual price
= x- 180 - x
= -180 rupees
Negative sign depicts the decrease in price.
Thus, after four consecutive days stock price will decrease by 180 rupees.
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