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If your stock portfolio decreased by 25% and then increased by 20%,
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23 Feb 2021, 06:30
23 Feb 2021, 06:30
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If your stock portfolio decreased by 25% and then increased by 20%, what percent of the original value would your new stock portfolio have?
A. 80%
B. 90%
C. 100%
D. 110%
E. 120%
A. 80%
B. 90%
C. 100%
D. 110%
E. 120%
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Joined: 16 Apr 2020
Status:Founder & Quant Trainer
Affiliations: Prepster Education
Posts: 1546
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Location: India
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Re: If your stock portfolio decreased by 25% and then increased by 20%,
[#permalink]
23 Feb 2021, 06:48
23 Feb 2021, 06:48
1
GeminiHeat wrote:
If your stock portfolio decreased by 25% and then increased by 20%, what percent of the original value would your new stock portfolio have?
A. 80%
B. 90%
C. 100%
D. 110%
E. 120%
A. 80%
B. 90%
C. 100%
D. 110%
E. 120%
Let the original value be \(x\)
After 25% decrease = \(0.75x\)
After 20% increase = \((1.20)(0.75x) = 0.90x\)
Hence, option B
gmatclubot
Re: If your stock portfolio decreased by 25% and then increased by 20%, [#permalink]
23 Feb 2021, 06:48
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