R ryan_kidz Junior Member Joined Sep 11, 2005 Messages 89 Oct 30, 2005 #1 A stock loses 60% of its value. What must the percent of increase be to recover all of its lost value? thnx for ur help.
A stock loses 60% of its value. What must the percent of increase be to recover all of its lost value? thnx for ur help.
Z zerohour New member Joined Oct 29, 2005 Messages 14 Oct 30, 2005 #2 Let the stock price be 100. By losing 60% of its value it'll come down to 40. To rise again to 100, the stock will have to gain 150%
Let the stock price be 100. By losing 60% of its value it'll come down to 40. To rise again to 100, the stock will have to gain 150%
R ryan_kidz Junior Member Joined Sep 11, 2005 Messages 89 Oct 30, 2005 #3 yes? but can u explain to me more detail, how do you get 150? thnx.
stapel Super Moderator Staff member Joined Feb 4, 2004 Messages 16,579 Oct 30, 2005 #4 ryan_kidz said: ycan u explain to me more detail, how do you get 150? Click to expand... Did you do the suggested computations? Eliz.
ryan_kidz said: ycan u explain to me more detail, how do you get 150? Click to expand... Did you do the suggested computations? Eliz.
D Denis Senior Member Joined Feb 17, 2004 Messages 1,706 Oct 30, 2005 #5 C'mon ryan; example: 50 is 25 increased by 100%; 100% of n = n
tkhunny Moderator Staff member Joined Apr 12, 2005 Messages 11,337 Oct 30, 2005 #6 ryan_kidz said: yes? but can u explain to me more detail, how do you get 150? thnx. Click to expand... 40/100 = 0.40 = 40% 100/40 = 2.50 = 250%
ryan_kidz said: yes? but can u explain to me more detail, how do you get 150? thnx. Click to expand... 40/100 = 0.40 = 40% 100/40 = 2.50 = 250%
R ryan_kidz Junior Member Joined Sep 11, 2005 Messages 89 Oct 30, 2005 #7 ooh! i see!! gosh!! so stupid i am! thnx alot guys!
