Math Problem Statement
a stock price is 100 it drops to 80 % then the stock further drops to 90%,whats the drop between 80% and 90%
Solution
Let's break this down step by step:
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Initially, the stock price is .
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The stock drops to 80%. That means the new price becomes:
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Now, from this new price of , the stock drops further to 90%. So the new price becomes:
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The drop between 80% and 90% is the difference between the two prices:
So, the stock dropped by 8 units between 80% and 90%.
Would you like more details or have any questions?
Here are some related questions to deepen your understanding:
- What is the total percentage drop from the original stock price of 100 to 72?
- If the stock rises back to 100% after reaching 72, what will the new price be?
- What would be the stock price if it dropped to 70% of its initial value?
- How does compounding affect the price when multiple percentage drops are applied sequentially?
- What is the percentage drop from 80 to 72?
Tip: When dealing with sequential percentage changes, always calculate each step based on the new value rather than the original.
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Math Problem Analysis
Mathematical Concepts
Percentage Decrease
Sequential Percentage Changes
Formulas
New Price = Initial Price × Percentage
Price Difference = Initial Price - New Price
Theorems
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Suitable Grade Level
Grades 6-8