Events & Promotions
|
|
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Apr 2610:00 AM EDT
-11:00 AM EDT
The Target Test Prep course represents a quantum leap forward in GMAT preparation, a radical reinterpretation of the way that students should study. Try before you buy with a 5-day, full-access trial of the course for FREE!
Apr 2711:00 AM EDT
-12:00 PM EDT
Prefer video-based learning? The Target Test Prep OnDemand course is a one-of-a-kind video masterclass featuring 400 hours of lecture-style teaching by Scott Woodbury-Stewart, founder of Target Test Prep and one of the most accomplished GMAT instructors
Apr 2808:00 AM PDT
-11:00 AM PDT
Whether you are just beginning your MBA journey or fine-tuning your path to a 700+ score, GMAT Day is designed to give you a competitive edge.
29 Mar 2021, 03:00
Kudos
Bookmarks
B
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
(low)
Question Stats:
90% (00:49) correct
10%
(00:28)
wrong
based on 41
sessions
History
Date
Time
Result
Not Attempted Yet
If your stock portfolio decreased by 25% and then increased by 20%, what percent of the original value would your new stock portfolio have?
A. 80%
B. 90%
C. 100%
D. 110%
E. 120%
A. 80%
B. 90%
C. 100%
D. 110%
E. 120%
ramlala
Joined: 22 Aug 2020
Last visit: 13 Dec 2022
Posts: 467
Own Kudos:
Given Kudos: 30
Location: India
Concentration: International Business, Finance
Schools: IIMA PGPX'23 INSEAD Jan'23 intake Sloan (MIT) ISB HEC Said
GPA: 4
WE:Project Management (Energy)
29 Mar 2021, 03:13
Kudos
Bookmarks
Bunuel
Let's say value of stock portfolio is 100.
after decreased by 25% = 75
then increased by 20% = 75 * 1.2 = 90
% of original value = 90/100 = 90%
B
29 Mar 2021, 03:20
Kudos
Bookmarks
If your stock portfolio decreased by 25% and then increased by 20%, what percent of the original value would your new stock portfolio have?
let the initial portfolio was 100
portfolio decreased by 25%=0.75*100=75
Then increased by 20%=1.2*75=12*75/10=900/10=90
Alternatively, you can use X+Y-XY/100
-25+20-(-25)*(20)/100=-10 i.e overall change is -10%; hence, new portfolio will be 90%
Option B
let the initial portfolio was 100
portfolio decreased by 25%=0.75*100=75
Then increased by 20%=1.2*75=12*75/10=900/10=90
Alternatively, you can use X+Y-XY/100
-25+20-(-25)*(20)/100=-10 i.e overall change is -10%; hence, new portfolio will be 90%
Option B
