Question

The price of the stock decreases Rs. 45 per day for four consecutive days. What was the total change in value of the stock after 4 days?

Answer 1

Answer:

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 =  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.