Solve the problem.
-A share of stock gains 8% in value and then loses 8% . How does its ending value compare with its initial value?
A)Less
B)The same
C)More

Name: Solve the problem. -A share of stock gains 8% in value and then loses 8% . How does its ending value compare with its initial value? A)Less B)The same C)More
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Question

Quizplus · Accepted Answer

When a stock gains 8% in value and then loses 8%, its ending value is less than its initial value due to the way percentages work on different bases.

Solve the Problem. -A Share of Stock Gains 8% in Value and Then