Question

A computer stock opened at $150 a share.

a) There was a 20% increase in the share price.
What was the new price?

b) Next, there was a 20% decrease in the share’s price.
What was the final price of the stock?
please answer them sepreatly.

Answer 1

a. $180

b. $144

Explanation:

a.) 20/100×150

=1/5×150

=$30

Increase =150+30

=$180

b.) 20/100×180

=1/5×180

=$36

Decrease=180-36

=$144