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Thread: Simple percentage problem

  1. March 3rd 2011, 06:06 PM #1
    bilalsaeedkhan
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    Simple percentage problem

    A stock loses 60% of its value. What must the percentage of increase be to recover all of its lost value.
    (a)60%
    (b)120%
    (c)150%
    (d)200%
    (e)300%
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  2. March 3rd 2011, 06:20 PM #2
    mr fantastic
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    Quote Originally Posted by bilalsaeedkhan View Post
    A stock loses 60% of its value. What must the percentage of increase be to recover all of its lost value.
    (a)60%
    (b)120%
    (c)150%
    (d)200%
    (e)300%
    (0.4x)P = 0.6x \Rightarrow 0.4P = 0.6 \Rightarrow P = ....

    Now convert the fraction P into a percentage.
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