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A stock portfolio that was originally worth $15,000 has increased in v
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18 Nov 2021, 01:13
18 Nov 2021, 01:13
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Question Stats:
90% (00:43) correct
10% (01:49) wrong based on 10 sessions
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A stock portfolio that was originally worth $15,000 has increased in value by $10,000. By what percentage of the original value has the portfolio increased?
Give your answer rounded to the nearest whole percent.
GRE Tips and Tricks - UPDATED 11/15/2021
GRE Math Essentials for a TOP Quant Score - Q170!!! (2021)
GRE Geometry Formulas for a Q170
Give your answer rounded to the nearest whole percent.
Show: ::
67 %
GRE Tips and Tricks - UPDATED 11/15/2021
GRE Math Essentials for a TOP Quant Score - Q170!!! (2021)
GRE Geometry Formulas for a Q170
Re: A stock portfolio that was originally worth $15,000 has increased in v
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18 Nov 2021, 08:24
18 Nov 2021, 08:24
1
A stock portfolio
\($15,000\) and increased by \($10,000\) so final value \(= $25,000\)
%age change \(= \frac{25000}{15000} = 1.66\)
\(≈67\)% increment in the value.
Answer 67
\($15,000\) and increased by \($10,000\) so final value \(= $25,000\)
%age change \(= \frac{25000}{15000} = 1.66\)
\(≈67\)% increment in the value.
Answer 67
A stock portfolio that was originally worth $15,000 has increased in v
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06 Feb 2022, 01:35
06 Feb 2022, 01:35
1
$25,000 is irrelevant in solving this problem.
% change \(= \frac{Difference}{Original Value}\)\(*100\) = \(\frac{$10,000}{$15,000}\) \(*100\) = .66(100) = 67%
% change \(= \frac{Difference}{Original Value}\)\(*100\) = \(\frac{$10,000}{$15,000}\) \(*100\) = .66(100) = 67%
