GRE Prep Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
The price of a stock decreased by 20 percent and then increased by x p
[#permalink]
23 Nov 2023, 02:01
23 Nov 2023, 02:01
Expert Reply
1
Bookmarks
00:00
Question Stats:
62% (00:56) correct
37% (01:04) wrong based on 24 sessions
Hide Show timer Statistics
The price of a stock decreased by 20 percent and then increased by x percent. x < 25.
A) Quantity A is greater.
B) Quantity B is greater.
C) The two quantities are equal.
D) The relationship cannot be determined from the information given.
Quantity A |
Quantity B |
Final price of the stock after the increase |
Initial price of the stock before the decrease |
A) Quantity A is greater.
B) Quantity B is greater.
C) The two quantities are equal.
D) The relationship cannot be determined from the information given.
Part of the project: The Butler-GRE Daily New Quant and Verbal Questions to Practice (2023) - Gain 20 Kudos & Get FREE Access to GRE Prep Club TESTS
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Free Materials for the GRE General Exam - Where to get it!!
GRE Geometry Formulas
GRE - Math Book
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Free Materials for the GRE General Exam - Where to get it!!
GRE Geometry Formulas
GRE - Math Book
Re: The price of a stock decreased by 20 percent and then increased by x p
[#permalink]
29 Nov 2023, 02:54
29 Nov 2023, 02:54
1
The answer is B.
Let the initial price = a
If the increase (x) was 25%, then x * 0.8 * 1.25 = x
--> We would have arrived at the same amount again. But since x < 25, it implies that the final price of the stock after the increase
must be less than the initial price of the stock before the decrease.
Let the initial price = a
If the increase (x) was 25%, then x * 0.8 * 1.25 = x
--> We would have arrived at the same amount again. But since x < 25, it implies that the final price of the stock after the increase
must be less than the initial price of the stock before the decrease.
Re: The price of a stock decreased by 20 percent and then increased by x p
[#permalink]
07 Jan 2024, 23:59
07 Jan 2024, 23:59
let stock be = 100unit (before decrease)
20% dec. = 80
then inc of x% (x<25) . let x = 24% (to make cal easy)
80 + 24% of 80 = 99.2
100>99.2
QA<QB
20% dec. = 80
then inc of x% (x<25) . let x = 24% (to make cal easy)
80 + 24% of 80 = 99.2
100>99.2
QA<QB
