Multiple Choice
A stock valued at $150 increased by 25% and then decreased by 25%. What was the value of the stock after the decrease?
A) $140.63
B) $150.00
C) $187.50
D) $112.50
E) $125.00
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q293: A bank quotes 7.25% compounded monthly on
Q294: An investment earned 8% compounded quarterly for
Q295: Patty Lo purchased a house that she
Q296: A number of years ago, your client
Q297: Calculate the equivalent interest rate (to the
Q299: An initial $1,800 investment was worth $2120.31
Q300: Marcie received an invoice for $150, with
Q301: Three years ago Mikhail invested $7,000 in
Q302: The proceeds from the sale of a
Q303: Is the effective rate of interest ever