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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Originally Posted by bilalsaeedkhan 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% $\displaystyle (0.4x)P = 0.6x \Rightarrow 0.4P = 0.6 \Rightarrow P = ....$ Now convert the fraction P into a percentage.
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