In January, the value of a stock increased by 25% and in February, it decreased by 20%. How did the value of the stock at the end of February compare with its value at the beginning of January?

A It was less

B It was the same

C It was 5% greater

D It cannot be determined from the information give

Solution

Correct Answer: Option B

The value after 25% increase is tk 125 from tk 100 At 20% decrease, If 100 is the original than the new value is tk 80 if 1 is the original than the new value is 80/100 If 125 is the original than the new value is tk 80 x125/100 =100 tk

Solution

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