Question

The price of the stock decreases Rs. 95 per day for five consecutive days.
What was the total change in value of the stock over a 7 day period?

Answer 1

95x5= 475

This is the answer

Answer 2

Given :- The price of the stock decreases Rs. 95 per day for five consecutive days. What was the total change in value of the stock over a 7 day period ?

Solution :-

Let us assume that, the price of stock is Rs.x

given that,

→ stock price daily decreases by = Rs.95

and,

→ Number of consecutive days = 5

so,

→ Total price of stock decreases in 5 days = 95 * 5 = Rs.475 .

then,

→ After 5 consecutive days price of stock = Rs.(x - 475)

therefore,

→ Total change in value of stock = New price - Original price = (x - 475) - x = Rs.(-475)

{ Here, Negative sign shows that the stock decreases. }

hence, the total change in value of the stock over a 7 day period is Rs.475 .

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