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GRE Prep Club Team Member
Joined: 20 Feb 2017
Posts: 2506
Given Kudos: 1055
GPA: 3.39
If your stock portfolio increased by 25% and then decreased by 20%,
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23 Feb 2021, 06:15
23 Feb 2021, 06:15
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If your stock portfolio increased by 25% and then decreased 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%
Re: If your stock portfolio increased by 25% and then decreased by 20%,
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23 Feb 2021, 19:56
23 Feb 2021, 19:56
Take the original value of stock = 100
First, increased by 25% , new value = 125
Then, decreased by 20%, new value = 125 * 80% = 100
So no change.
The new value is 100% of the original value.
Answer C
First, increased by 25% , new value = 125
Then, decreased by 20%, new value = 125 * 80% = 100
So no change.
The new value is 100% of the original value.
Answer C
gmatclubot
Re: If your stock portfolio increased by 25% and then decreased by 20%, [#permalink]
23 Feb 2021, 19:56
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