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.
In January, the value of a stock increased by 25%; and in Fe
[#permalink]
24 Apr 2019, 01:41
24 Apr 2019, 01:41
Expert Reply
00:00
Question Stats:
80% (00:56) correct
19% (01:19) wrong based on 21 sessions
Hide Show timer Statistics
In January, the value of a stock increased by 25%; and in February, it decreased by 20%. In March, it increased by 50%; and in April, it decreased by 40%. If Jack invested $80 in the stock on January 1 and sold it at the end of April, what was the percentage change in the price of the stock?
(A) 0%
(B) 5%
(C) 10%
(D) 40%
(E) 50%
(A) 0%
(B) 5%
(C) 10%
(D) 40%
(E) 50%
Re: In January, the value of a stock increased by 25%; and in Fe
[#permalink]
30 Apr 2020, 13:06
30 Apr 2020, 13:06
Expert Reply
given price = 80$
so change %
80*1.25*.8*1.5*.6 = 72 $ end of april
80-72/80 = 10 %
C
so change %
80*1.25*.8*1.5*.6 = 72 $ end of april
80-72/80 = 10 %
C
gmatclubot
Re: In January, the value of a stock increased by 25%; and in Fe [#permalink]
30 Apr 2020, 13:06
Moderators:
