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The share price of a certain stock was x at the end of Wednesday’s tra

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Carcass
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The share price of a certain stock was x at the end of Wednesday’s tra [#permalink] New post   28 Feb 2021, 10:14
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The share price of a certain stock was x at the end of Wednesday’s trading. The price went up 25% at the close of Thursday’s trading and then down 20% at the close of Friday’s trading.


Quantity A
Quantity B
The share price of that stock at the close of Friday's trading
x



A)The quantity in Column A is greater.
B)The quantity in Column B is greater.
C)The two quantities are equal.
D)The relationship cannot be determined from the information given.

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Question part of the project GRE Quantitative Reasoning Daily Challenge - (2021) EDITION
GRE - Math Book
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Re: The share price of a certain stock was x at the end of Wednesday’s tra [#permalink] New post   28 Feb 2021, 12:12
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Carcass wrote:
The share price of a certain stock was x at the end of Wednesday’s trading. The price went up 25% at the close of Thursday’s trading and then down 20% at the close of Friday’s trading.


Quantity A
Quantity B
The share price of that stock at the close of Friday's trading
x



A)The quantity in Column A is greater.
B)The quantity in Column B is greater.
C)The two quantities are equal.
D)The relationship cannot be determined from the information given.


I think this question from 5Lb!

Price at the end of Wednesday = \(x\)
Price at the end of Thursday = \(1.25x\)
Price at the end of Friday = \((0.80)(1.25x) = x\)

Col. A: \(x\)
Col. B: \(x\)

Hence, option C
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gmatclubot
Re: The share price of a certain stock was x at the end of Wednesday’s tra [#permalink]
28 Feb 2021, 12:12
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