If the value of XYZ Company stock drops from Tk. 25 per share to Tk. 21 per share, what is the percent of the decrease?

If the value of XYZ Company stock drops from Tk. 25 per share to Tk. 21 per share, what is the percent of the decrease?

A 4%

B 8%

C 12%

D 16%

E None of these

Solution

Correct Answer: Option D