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Maths Puzzle
An investor bought shares at certain value. After a fall in price of the share by X%, the investor has to wait 1.25X times the increase in the price of the shares to get the original invested amount.
What is the value of X ?
Read Solution (Total 2)
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- x=20%
If p is the price, then
p*0.8*1.25 = p - 11 years agoHelpfull: Yes(5) No(0)
- Let share price = p
so decrease in price of share will be : p- px/100
so original price of p = decreased share price * 1.25x
p= (p-(px/100) * 1.25x)
Solve this you will get : x=20 - 11 years agoHelpfull: Yes(1) No(0)
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