Asked by Selena
If the price of a stock increases by 40% and then by an additional 25%, by what percent has the price increased from its original value?
Answers
Answered by
Bosnian
100 % + 40% = 140% = 140 / 100 = 1.4
100 % + 25 % = 125% = 125 / 100 = 1.25
1.4 ∙ 1.25 = 1.75 = 175 / 100 = 175%
175% = 100% + 75%
The price increased from its original value 75%
100 % + 25 % = 125% = 125 / 100 = 1.25
1.4 ∙ 1.25 = 1.75 = 175 / 100 = 175%
175% = 100% + 75%
The price increased from its original value 75%
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