Question

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

Answer 1

$150

Explanation:

$100 + 100% = $200 in the first year

$200 - 25% = $150 in the second year