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You purchased $100 each of three different stocks in January. Stock A increased 30% in value. Stock B increased 15% in value. Stock C lost 20% of its original value. What was the overall net percentage of gain in the three stocks? (Round to the nearest percent.)

User DJDuque
by
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2 Answers

2 votes

Answer:

8%

Step-by-step explanation:

I am doing the test right now and got it correcet

User Jytesh
by
4.5k points
0 votes

Answer:

8%

Step-by-step explanation:

130+115+80= 325

put 325/300, then subtract 1, then multiply by 100

this gives you 8.3 repeating, so you just round down to 8 percent.

User Ratsimihah
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