Question

If the price of a stock increases by 40% and then by 25% by what percentage has the price increased from its original value

Answer 1

let x be the initial price then after 40% it becomes x+0.4x i.e.1.4x
then after 25% increase 1.4x+0.25x=1.65x
Can u do from now on

Answer 2

sorry in second step 1.4x+0.25*1.4x

Answer 3

How did you get 1.4x after you added x+0.4

Answer 4

I am adding x+0.4x

Answer 5

Oh ok thanks

Answer 6

Now 1.4x+0.25*1.4x=1.75x
So net increase is 1.75x-x=0.75x
0.75x/x=0.75*100=75%

Answer 7

THANK YOU

Answer 8

My pleasure as always