Mathematics

Question

You purchased a stock on Monday for $24 per share. 1. On Tuesday, the stock price was $36 per share. What was the percent increase? 2. On Wednesday, the stock price had a percent decrease of 50%. What was the new stock price?

1 Answer

  • #1

    36 - 24 = 12

    12/24x100 = 50%

    It was increased 50%


    #2

    Tuesday stock price was $36, decrease 50%

    New price would be 36/2 = $18


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