The price of a share of a company is $20 before the trading open on Monday. The price rises 10% on Monday and falls 10% on Tuesday. The share price at the end of Tuesday is $

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asked Apr 13, 2021 172k views

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The price of a share of a company is $20 before the trading open on Monday. The price rises 10% on Monday and falls 10% on Tuesday. The share price at the end of Tuesday is $

Mathematics
high-school

Bbazso asked

by Bbazso

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4 votes

Answer:

Explanation:

Price rise on Monday will be 110/100×$20

=$22

Price fall on Tuesday will be

90/100×$20

=$18

Entesar answered Apr 17, 2021

by Entesar

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