Math Problem Statement
The price of one share in the stock market increases by 10% the first six months of a year and then falls by 40% in the last six months. What is the total change (in %) over the year for this share?
(Give your answer in percentage, without the “%” symbol, and round your answer to the nearest unit)
Solution
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Percentage Change
Compound Interest
Formulas
Percentage change formula
Theorems
-
Suitable Grade Level
Grades 7-9
Related Recommendation
Calculate Overall Stock Percentage Change After Increases and a Drop
Stock Value Change After 40% Drop and 75% Increase
Calculate Original Share Price and Percent Change Over Two Years
Stock Value Calculation After Percentage Decrease and Increase Over Two Years
Overall Percentage Change: 4 Increases of 3.5% and 3 Decreases of 1.4%