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
Let's calculate the total change in percentage over the year.
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Initial Price: Let the initial price of the share be .
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After the first 6 months (10% increase):
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After the next 6 months (40% decrease):
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Total change over the year:
The total change over the year is .
Would you like more details or have any questions about this solution? Here are five related questions:
- How does compound interest differ from simple percentage increases?
- What is the significance of the order of percentage changes?
- How do you calculate the net percentage change over multiple periods?
- How would the calculation change if the decrease happened first?
- What would be the final percentage change if the increase was 50% and the decrease was 40%?
Tip: When dealing with percentages, order and the starting point significantly affect the final outcome.
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Math Problem Analysis
Mathematical Concepts
Percentage Change
Compound Interest
Formulas
Percentage change formula
Theorems
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Suitable Grade Level
Grades 7-9