Question

PLS HELP

On one day, the stock of Seraj Food Technologies went up by 30%. The next day, the stock fell by 30% Over the two days, the stock fell overall by "x" percent. What is "x"?

Answer 1

9%

Explanation:

Let the required number be 100.

Now, according to the question, the number is first increased by 30 %

⇒ 100 + 30 % of 100

⇒ 100 + [(30*100)/100]

⇒ 100 + 30

⇒ 130

Then, it is decreased by 30 %

⇒ 130 - (30 % of 130)

⇒ 130 - [(30*130)/100]

⇒ 130 - 39

⇒ 91

Net Decrease = 100 - 91

= 9

Percent Decrease = (Change in number*100)/100

⇒ (9*100)/100

= 9 %