A stock valued at $150 increased by 25% and then decreased by 25%. What was the value of the stock after the decrease?
A) $140.63
B) $150.00
C) $187.50
D) $112.50
E) $125.00

Question

Quizplus · Accepted Answer

The stock first increases by 25% of $150, which is $37.50, making it $187.50. Then it decreases by 25% of $187.50, which is $46.875, resulting in a final value of $140.625, rounded to $140.63.

A Stock Valued at $150 Increased by 25% and Then