During the first year, ABC's stock price starts at $ / $100 $ and increases $ 100/% $. During the second year, its stock price goes down $ 25/% $ from its price at the end of the first year. What is the price of the stock, in dollars, at the end of the second year?

Question

Mathematics

Darian Meza

25 April, 12:54

During the first year, ABC's stock price starts at $ / $100 $ and increases $ 100/% $. During the second year, its stock price goes down $ 25/% $ from its price at the end of the first year. What is the price of the stock, in dollars, at the end of the second year?

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Answers (2)

Know the Answer?

Reid · Answer 1

150

Step-by-step explanation:

In the first year, the price doubles. This happens because 100% of 100 is 100, so 100+100 is 200, which is also 100 multiplied by 2. 25/100 which is 25%, multiplied by 200, is 50. So the answer is 200-50 which equals 150.

Deacon Hanna · Answer 2

Step-by-step explanation:

During the first year, ABC's stock price starts at $100 and increases by 100%. This means that the amount by which the stock increased would be

100/100 * 100 = $100

The new price of the stock would be 100 + 100 = $200

During the second year, its stock price goes down 25% from its price at the end of the first year. This means that the amount by which the stock reduced is

25/100 * 200 = 0.25 * 200 = $50

Therefore, the price of the stock, in dollars, at the end of the second year is

200 - 50 = $150