GRE
Exam
Numerical Ability
Percentage
A particular stock is valued at $40 per share. If the value increases 20 percent
and then decreases 25 percent, what is the value of the stock per share after
the decrease?
Read Solution (Total 6)
-
- 40*1.2*0.75 = 36
- 15 years agoHelpfull: Yes(10) No(14)
- 40*120/100 =$48 :increases 20% =120/100
current % in $ is 48 ,decreses 25% means 75/100
48*75/100 =$36
answer is:"$36" - 11 years agoHelpfull: Yes(3) No(1)
- $36
- 15 years agoHelpfull: Yes(0) No(7)
- $36
- 15 years agoHelpfull: Yes(0) No(8)
- $36
- 15 years agoHelpfull: Yes(0) No(7)
- After increase value = 40*120/100= 48
Then after decrease = 48*75/100=36 - 7 years agoHelpfull: Yes(0) No(0)
GRE Other Question